“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.
The initiative "Take a Walk with Your Cardiologist" was held in major Bulgarian cities to mark today’s World Heart Day. The Organizers from the Bulgarian Society of Cardiology emphasized the importance of regular moderate physical..
On Monday, there will still be showers in the eastern half of the country. It will stop raining by the evening. Clouds will break in the western part of the country. It will be mostly sunny in Southwestern Bulgaria in the afternoon. There will be..
Traditional folk instruments, including the tambura, gadulka and kaval (shepherd's flute) are expected to disappear from Bulgarian stages within 10 to 15 years if no attention is paid to folk music performers, shows an analysis from a field study..
On Sunday a cold atmospheric front will pass through the country. In the morning, the cloudiness will begin to increase rapidly from..
During a short meeting on the sidelines of the UN General Assembly in New York, Bulgarian caretaker Minister of Foreign Affairs Ivan..
The caretaker government has adopted National Program for Prevention and Protection from Domestic Violence for the period 2024-2026 ,..
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