You don't need bubbles, per se, unless you like them.
I avoid putting treatments in my tanks, since they often upset the balance and it is hard to put things right. I don't know if the gourami will suffer, but hopefully not.
Algae can be dealt with by increasing water changes, which you will be doing, very slowly, and eventually when the fish become acclimated to better conditions you can maintain a more frequent water change schedule, which may be all that is necessary to combat algae. Algae needs light and nutrients, so if you cut back on the light cycle (be sure direct sunlight does not hit the tank, too) and cut back on nutrients in the water (water changes) you should be able to get rid of it.
Good luck!