Text size

Ex-deputy PM Daniela Bobeva: Forecasts for 7.2% decline in the economy will be confirmed

published on 7/20/20 4:57 PM

Photo: BGNES

"The Bulgarian economy has begun to accumulate serious problems long before the pandemic. It is incorrect to attribute the problems of the economy to the contagion crisis." This was said in an interview for the BNR by Daniela Bobeva - an economist and former Deputy Prime Minister. She also referred to reports from the EC and the ECB in recent weeks with data for 2019, showing unfavourable trends in the development of the Bulgarian economy.

In Bobeva's opinion, the forecast of the European Commission that this year Bulgaria will have a 7.2% decline in the economy will be confirmed. The former deputy prime minister believes that the problems can be overcome with political will. At the moment, however, "we are not moving towards a market economy, but towards the return of old models with increasing state participation, which have turned out to be totally inefficient for Bulgaria," Bobeva said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Daniela Bobeva economic decline

More from category

MEPs discuss the nationalist violence in front of the Ivan Vazov National Theatre in Sofia

The clashes outside the Ivan Vazov National Theatre during the opening night of John Malkovich's production of Bernard Shaw's Arms and the Man have prompted 247 theatre organisations from 39 countries to appeal to the institutions of the European Union...

published on 12/2/24 2:27 PM

President launches 22nd edition of "Bulgarian Christmas" charity campaign

President Rumen Radev announced in Dobrich the launch of the 22nd edition of the "Bulgarian Christmas" charity campaign. The theme of the campaign is "Giving Hope to a Child in Need". The aim is to raise money for high-tech equipment for early..

published on 12/2/24 1:34 PM

Premier Glavchev is concerned about the adoption of the budget due to the blocked parliament

''The Eurozone remains a priority, but the caretaker cabinet expects the 51st Parliament to begin its work in order to discuss the state budget'', said caretaker Premier Dimitar Glavchev. ''Who would have thought that we could get into this situation?..

published on 12/2/24 11:32 AM

WEATHER

Pick city: Sofía

Cloudy
Min: 1 | Max: 4

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Share

Ex-deputy PM Daniela Bobeva: Forecasts for 7.2% decline in the economy will be confirmed

More from category

MEPs discuss the nationalist violence in front of the Ivan Vazov National Theatre in Sofia

President launches 22nd edition of "Bulgarian Christmas" charity campaign

Premier Glavchev is concerned about the adoption of the budget due to the blocked parliament

The annual effect of Bulgaria's accession to Schengen by land will amount to BGN 1.63 billion

Eurobarometer: Bulgarians’ trust in the EU is a little over the average for the Union

The Ministry of Transport supports the idea of naming Sofia Airport after Vasil Levski