Podcast in English
Text size
Bulgarian National Radio © 2024 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

Tihomir Vassilev

Civic initiative calls for annulment of parliamentary election

A civic initiative for non-recognition of the election results for the 51 st National Assembly is demanding the annulment of the early election for parliament, BNR’s Daniel Inkov reports. Only a court decision can change the results of..

published on 11/1/24 2:51 PM

Rumen Radev: An awakener is anyone who serves their people humbly

The mission of the awakeners is a unique, entirely Bulgarian spiritual category – awakeners, a word imbued with the wisdom and the spiritual might of our people, the centuries-old pursuit of advancement and freedom, said Bulgarian President Rumen..

published on 11/1/24 1:51 PM
Dimiutar Glavchev

Caretaker cabinet will not apply to the Constitutional Court for an annulment of the parliamentary election, PM Glavchev says

The caretaker government will not apply to the Constitutional Court for an annulment of the 27 October election for parliament, said caretaker Prime Minister Dimitar Glavchev.   Only a court decision can change the results of election..

published on 11/1/24 1:16 PM