“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.
In just one day, over 600 volunteers donated blood for the victims in the Republic of North Macedonia , who are being treated in Bulgaria. This is shown by the data for Tuesday. All blood centers report that the wave of empathy does not subside..
Workers in state psychiatric hospitals have gone on strike demanding higher salaries and better working conditions, including adequate workplace protection , as they work with dangerous patients. Mental health professionals launch a three-day..
A proposal for holding a referendum on preserving the Bulgarian lev has been submitted to the parliament's registry office. This was announced by the chairman of Vazrazhdane, Kostadin Kostadinov. We have collected 52 signatures, he pointed out...
Workers in state psychiatric hospitals have gone on strike demanding higher salaries and better working conditions, including adequate workplace..
A proposal for holding a referendum on preserving the Bulgarian lev has been submitted to the parliament's registry office. This was announced by the..
Bulgaria has improved its rating in the World Happiness Report , but remains 85 th out of 147 countries, which is the lowest position for an EU..
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