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

Interior minister orders nationwide inspection of dangerous road sections

Against the background of protests in different towns across the country against the “war on the roads”, the poor condition of roads, corruption in public procurement and flawed road repairs, Minister of Interior Daniel Mitov has ordered a..

published on 4/5/25 2:28 PM

Zhecho Stankov (L) and Alparslan Bayraktar

Changes to gas contract between Bulgaria and Türkiye’s BOTAŞ in the offing

Ways to improve the positions of the sides to the contract between Bulgaria’s Bulgargaz, Bulgartransgaz and Türkiye’s BOTAŞ will be discussed until 2 May. Agreement on this was reached in Baku, Azerbaijan, by Bulgaria’s Minister of Energy Zhecho..

published on 4/5/25 1:39 PM

Hundreds came out to protest in memory of Siyana in Pleven last night

Protests against war on the roads after death of a child in serious traffic accident

A wave of outrage is sweeping over Bulgaria after a severe accident on the Telish-Radomirtsi road (Pleven region), in which 12-year old Siyana lost her life as she was returning from a holiday with her grandparents. A protest is scheduled for today..

published on 4/5/25 11:50 AM