“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.
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 Georg Georgiev emphasized the importance of dialogue , cooperation and shared responsibility for..
The start of the 2025 Motorcycle Season in Sofia will be given today at 11:00 am on "Knyaz Alexander I" Square. From there, the bikers will pass through key boulevards and will reach the "Boyana" residence. If necessary, traffic will..
Labor costs in the European Union in 2024 amounted to an average of 33.5 euros per hour, and in the eurozone countries alone - an average of 37.3 euros per hour. This is according to the latest data from the European statistical agency Eurostat...
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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