“The idea of pumping money from the budget into the economy is absurd. That is only going to boost inflation. Because of the expected lower GDP growth rate, or even possible decline, we need to restrict spending but investment expenditure should remain so the functioning economy does not take a hit,” economist Krassen Stanchev, founder of the Institute for Market Economics says.
He is categorically against any increase of the minimum wage because “that is something that is decided politically, but is paid for by businesses”. Bulgaria is moving away from the Eurozone and will most likely join it in 2026-2027. One of the reasons for this is that the country is failing to address corruption, which is one of the requirements the country has to meet, Krassen Stanchev said in an interview with BGNES news agency.
On Saturday minimum temperatures will range between 16° C. and 23° C., for Sofia 16 ° C. During the day there will be sun with a light, in the Southeastern parts to moderate wind from the East-Northeast. Daytime highs will climb some more,..
Bulgaria has no confirmed delivery schedule for the remaining six F-16 Block 70 fighter jets it has ordered from the United States , Defence Minister Atanas Zapryanov said in a written response to MP Ivaylo Mirchev. According to the minister, the..
Bulgaria ranks third among 30 European countries for healthy life expectancy, according to 2023 data from Eurostat. On average, Bulgarians spend 68.6 years in good health, trailing only Malta and Italy. Bulgarian women rank second, with a healthy..
A Bulgarian military contingent has departed for a peacekeeping mission in Kosovo , BNR’s Shumen correspondent reports. A total of 97 service members (90..
Regional Library "Peyo K. Yavorov" in Burgas is hosting the forum "Burgas - an intersection of industrial heritage, ecological..
On Friday, the lowest temperatures will be between 16 and 23°C; in Sofia – around 16°. It will be sunny during the day. There will be..
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