Bulgaria’s actions are right in this heavy situation

published Tuesday, July 17, 2012 4:34 PM

Radio Bulgaria News

Bulgaria’s actions are right in this heavy situation

Bulgaria does the right thing in this heavy situation in Europe, the newly elected President of the European Bank for Reconstruction and Development /EBRD/ Suma Chakrabarti stated at a Sofia-held meeting with PM Boyko Borissov. The guest said he was really impressed by the measures, taken by this country, especially the fiscal ones. Bulgaria has low deficit, all rating agencies constantly raise its rating and a very successful emission of Euro bonds was recently issued, Mr. Chakrabarti added. The EBRD has invested EUR 2.45 bln. in different sectors of the Bulgarian economy since the launching of its activities here back in 1993.

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