“The idea of pumping money from the budget into the economy is absurd. That is only going to boost inflation. Because of the expected lower GDP growth rate, or even possible decline, we need to restrict spending but investment expenditure should remain so the functioning economy does not take a hit,” economist Krassen Stanchev, founder of the Institute for Market Economics says.
He is categorically against any increase of the minimum wage because “that is something that is decided politically, but is paid for by businesses”. Bulgaria is moving away from the Eurozone and will most likely join it in 2026-2027. One of the reasons for this is that the country is failing to address corruption, which is one of the requirements the country has to meet, Krassen Stanchev said in an interview with BGNES news agency.
On Friday morning, visibility will be reduced in places in the plains, valleys and around water bodies. Minimum temperatures will be from 1 to 4°C, in Sofia - around 1°C. During the day it will be sunny and warm with scattered high clouds. A light to..
In Bulgaria, 58% of presenters and reporters are women, while men account for an average of 69% of participants and guests. These figures come from a targeted monitoring by the Monitoring and Analysis Directorate of the Council for Electronic Media..
At an extraordinary briefing of the Council of Ministers, Deputy Prime Minister and Minister for Innovation and Growth Tomislav Donchev announced that the government will announce next week which of the Recovery and Resilience Programme (RRP) projects will..
The work of journalists from smaller media outlets in Bulgaria is particularly difficult, according to the annual report of the Council of Europe..
A just and lasting peace can be achieved through security for Ukraine and the EU . This was stated by Prime Minister Rosen Zhelyazkov after the end of..
Minister of Interior Daniel Mitov has met with his colleagues from Romania - Cătălin Marian Predoiu, Croatia - Davor Bojinovic, and..
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