Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

More growth needed to see rise in incomes: Menda Stoyanova

Photo: BGNES

Wages in many sectors in Bulgaria are low and will remain low until more growth is achieved, said the Chairperson of the Budget Committee in the Bulgarian parliament Menda Stoyanova in an interview for the Bulgarian National Radio.

In science the potential can be used in a better way, Stoyanova explained in the wake of protests of scientists earlier this week who demanded more adequate salaries. She added that the 2018 budget would provide 60 million euro more to science but based on project financing.

A better business environment spells higher growth. Conditions for doing business should improve, Menda Stoyanova told BNR. She means macroeconomic indices such as financial stability and predictability in both economic and political terms.

Stoyanova also pointed to the importance of the effectiveness of the judicial system. “Foreign investors are given no guarantees that they will receive fast and fair justice”, she said.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

University of Illinois to launch Bulgarian Studies on 20 October

‘A historic moment for Bulgarian Studies in the US!’ With these words, Bulgaria’s Consul General in Chicago, Svetoslav Stankov, announced that the University of Illinois at Urbana-Champaign will officially launch its Bulgarian Studies programme on..

published on 9/22/25 8:56 PM

First day of Autumn: clear skies and 27-32°C

It will be clear and mostly calm during the night. On Tuesday morning, there will be temporary increases in cloud cover and reduced visibility in some low-lying areas and over the eastern regions. Minimum temperatures will range from 8°C to 13°C ; in..

published on 9/22/25 7:05 PM

Traffic blocked on Tsarigradsko Shose in Sofia amid two neighbourhood protests

Traffic on Tsarigradsko Shose Boulevard in Sofia is blocked by two separate protests, by residents of the Gorublyane and Druzhba 2 neighbourhoods. Residents of Druzhba 2 are protesting against planned “ongoing repairs” to the heating system by..

published on 9/22/25 6:06 PM