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

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

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Ceiling caves in and injures seven at wedding in Kardzhali

A plasterboard ceiling of a wedding hall came crashing down on top of 150 guests in Kardzhali. Seven people have sustained non-life threatening injuries during the incident which took place on Monday night, among them one child. At the time of the..

published on 8/6/24 9:26 AM

Two Spanish aircraft to join efforts to extinguish the wildfire in Mount Slavyanka on the border with Greece

A new flare-up of the big wildfire on the Greek side of Slavyanka mountain has crossed the border into Bulgaria, extending the perimeter of the fire over 120 hectares of Bulgarian territory. Heavy bulldozers are making wide clearings so as to..

published on 8/6/24 8:50 AM

More than 12,000 music fans are expected to attend the concert of Lenny Kravitz in Burgas

More than 12,000 music fans are expected to attend the concert of Lenny Kravitz in Burgas. The event at the Marine Station in the coastal city is part of the American rock singer’s Blue Electric Light Tour. The four-time Grammy award winner is..

published on 8/6/24 6:05 AM