Text size

Ex-deputy PM Daniela Bobeva: Forecasts for 7.2% decline in the economy will be confirmed

published on 7/20/20 4:57 PM

Photo: BGNES

"The Bulgarian economy has begun to accumulate serious problems long before the pandemic. It is incorrect to attribute the problems of the economy to the contagion crisis." This was said in an interview for the BNR by Daniela Bobeva - an economist and former Deputy Prime Minister. She also referred to reports from the EC and the ECB in recent weeks with data for 2019, showing unfavourable trends in the development of the Bulgarian economy.

In Bobeva's opinion, the forecast of the European Commission that this year Bulgaria will have a 7.2% decline in the economy will be confirmed. The former deputy prime minister believes that the problems can be overcome with political will. At the moment, however, "we are not moving towards a market economy, but towards the return of old models with increasing state participation, which have turned out to be totally inefficient for Bulgaria," Bobeva said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Daniela Bobeva economic decline

More from category

Another cloudy day with precipitation

In the next 24 hours, the cloudiness over the country will remain significant. In the afternoon, rainfalls are expected in many places. The lowest temperatures will be between 3° and 8°C; in Sofia - about 5°C. The highest will be..

published on 4/3/25 7:10 PM

Bulgarian Foreign Minister Georg Georgiev (L) and US Secretary of State Marco Rubio.

Bulgarian Foreign Minister Georgiev, US Secretary of State Marco Rubio discuss partnership

Foreign Minister Georg Georgiev held talks with US Secretary of State Marco Rubio. They met on the sidelines of the NATO foreign ministers' meeting in Brussels. Georgiev and Rubio discussed the strategic partnership between Bulgaria and the United..

published on 4/3/25 6:21 PM

King Abdullah II of Jordan is on official visit to Sofia

With an official ceremony in St. Alexander Nevsky Square in Sofia, President Rumen Radev has welcomed King Abdullah II of Jordan, who is on an official visit to Bulgaria at the invitation of the Bulgarian head of state , BTA..

published on 4/3/25 4:30 PM