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Bulgaria has fiscal buffers

Photo: BGNES

Fiscal buffers allow Bulgaria to go through the crisis, Radosvet Radev, chairman of the Bulgarian Industrial Association (BIA), has told BNR. According to him, this will probably be reflected in the budget for 2021. He also said that any measure in support of business was welcome and that the only successful one in this country was the one for micro and small enterprises.

According to him, after the beginning of the coronavirus crisis about 300 million euros have been invested as anti-crisis measures.

Radosvet Radev agreed with IMF President Kristalina Georgieva that the countries that take care to preserve their economies would be the big winners after the coronavirus crisis.



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