“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.
The Movement for Rights and Freedoms (DPS) is against the attempts of the anti-European and pro-Russian parties to play with the topic of "referendum for the euro". In a position published by the press center of the DPS, the chairman..
The start of the major repair of the Danube Bridge near Ruse is the reason for a serious conversation about the connectivity between Bulgaria and Romania. Along the 409 km long border, there are just two bridges and 5 ferries, some of..
Vazrazhdane and There Is Such a People (ITN) are to submit, to the National Assembly, a draft decision for the holding of a referendum on preserving the Bulgarian Lev, said Vazrazhdane MP Tsoncho Ganev. This is an initiative which the previous..
The start of the major repair of the Danube Bridge near Ruse is the reason for a serious conversation about the connectivity between..
The Chairman of the GERB-SDS Parliamentary group, Boyko Borissov, sent an official refusal to the Movement for Rights and Freedoms (DPS) and confirmed..
During a discussion with US President Joe Biden at the 75 th anniversary NATO summit in Washington DC, Bulgaria’s caretaker Prime Minister Dimitar..
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