“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 governance program will be discussed later this week at a meeting of the Council of Ministers, and I hope it will address all questions and expectations from the public'', announced Prime Minister Rosen Zhelyazkov. He also commented on the..
On February 19, Bulgaria’s Premier Rosen Zhelyazkov will participate in the second emergency meeting on Ukraine, hosted by French President Emmanuel Macron, the Bulgarian government said in a press release. Bulgaria received an invitation from..
A forum was held at the BTA press club in Bosilegrad, provoked by the attempts to promote the so-called ''Shopi nation'' in the Western Outlands. MPs, diplomats and representatives of the academic community from Bulgaria took part in the discussion...
The latest technological solutions, products and projects in the field of agriculture and agro-industry will be presented at the "Agra..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
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