Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

More growth needed to see rise in incomes: Menda Stoyanova

Photo: BGNES

Wages in many sectors in Bulgaria are low and will remain low until more growth is achieved, said the Chairperson of the Budget Committee in the Bulgarian parliament Menda Stoyanova in an interview for the Bulgarian National Radio.

In science the potential can be used in a better way, Stoyanova explained in the wake of protests of scientists earlier this week who demanded more adequate salaries. She added that the 2018 budget would provide 60 million euro more to science but based on project financing.

A better business environment spells higher growth. Conditions for doing business should improve, Menda Stoyanova told BNR. She means macroeconomic indices such as financial stability and predictability in both economic and political terms.

Stoyanova also pointed to the importance of the effectiveness of the judicial system. “Foreign investors are given no guarantees that they will receive fast and fair justice”, she said.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgarian energy regulator seeks solution to compensate solar energy producers

Ivan Ivanov, chairman of the Energy and Water Regulatory Commission, announced that a decision would be taken today on how to compensate green energy producers. The compensation will be for the losses they have suffered due to the high price of..

published on 6/28/24 8:05 AM

Rain and hail expected over the western regions of Bulgaria

During the next 24 hours, cumulus clouds will develop again over the western half of the country. At night, there will be short-term rainfalls and thunderstorms in many places. There are conditions for hail and local intense phenomena..

published on 6/27/24 6:50 PM

President Radev refuses to lead Bulgarian delegation to NATO summit

President Rumen Radev did not accept the Council of Ministers' proposal to lead the Bulgarian delegation to the NATO summit in Washington, the presidency said.  Rumen Radev did not agree with certain provisions of the framework positions adopted..

published on 6/27/24 6:12 PM