“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.
There is a presidential election coming up in the US, the outcome of which will have a significant impact on a global scale. On this occasion, the polling agency "Gallup International" conducted a poll in 43 countries about the..
Voting with the option "I support no one" has been gaining popularity in Bulgaria as 82,618 people chose it in the parliamentary elections on October 27, 2024. In the parliamentary elections in April 2021, a total of 47,749 people..
In the 14th edition of the Ranking System of Bulgarian Universities for 2024, Sofia University (SU) holds the first place in 22 professional fields. The rating system compares the performance of 51 higher education institutions in 52..
“We are going to take part in talks with GERB, but if they intend to get Delyan Peevski in through the front door we’re out,” said MEP Ilhan Kyuchuk..
“We do not have an answer, as yet, from any political party, to the proposal for a cordon sanitaire around the Movement for Rights and Freedoms-New..
During the first 9 months of 2024, the Bulgarian National Bank has put an additional 11 million 100-Leva banknotes into circulation in the country...
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