“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.
Bulgarian President Rumen Radev called on the Bulgarian government to take a clear and proactive position on the case of the Bulgarian UN employee Marin Marinov who died in the Gaza Strip. "Our society expects it to show that it is concerned..
The prosecutor's office has served an indictment on Bozhidar Bozhanov, a member of parliament from "We Continue the Change - Democratic Bulgaria". He is accused of a crime in his capacity as Minister of Electronic Governance, related to a public..
“The stability of the government depends on the architects of the majority – these are Mr. Borissov and Mr. Peevski. It depends on the understanding between the two of them, as they are the personnel officers of the government, they..
The 30th of March is the opening day of the summer season at Burgas Airport. The coastal airport will offer tourists more flights and new destinations -..
At the beginning of the Iftar solemn dinner, which was held in honor of the ambassadors of Arab countries accredited in Sofia, Minister of Foreign Affairs..
The outrage and public discontent caused by the shocking revelations of brutal animal abuse and killings in Pernik continue . On this occasion, protests..
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