The political crisis is not affecting the economy in the short term – within 1-2 years, says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics.

“The political crisis is affecting those who are highly regulated – mostly big companies and the energy industry. We are talking about 10% of the population whose incomes are directly dependent on the changes of government,” Krassen Stanchev said. “The business climate outside these spheres, without any direct interference from the government and public procurement, is good. The economy is developing much better. The most interesting element from the latest data, including from a few days ago, regarding foreign investments is that in 2023 they were 11 times the investments made in 2014. If we take the individual foreign investments data, they account for 4% of the economy,” Krassen Stanchev says. In the period, from 2022 until 2023 the average salary has gone up by 17%, the steepest growth rate in the entire European Union.