“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 support of people with rare diseases, balloons in different colors flew over Sofia at noon, BTA reported. The balloons were released in the courtyard of the Alexandrovska Hospital, where medical specialists, patients and their relatives gathered..
The Ministry of Internal Affairs has detained about 20 people - some of whom worked for the Bulgarian State Railways, for large-scale theft of diesel fuel in a specialized operation in the area of the Karnobat railway station. It was established..
The branch of the European Public Prosecutor's Office in Sofia has indicted two individuals suspected of fraud for EUR 66,750. The money comes from the European Social Fund and state co-financing, reported BNR’s correspondent in Brussels Angelina..
Foreign Minister Georg Georgiev today received at the Foreign Ministry Susan Falatko, who arrived in Sofia a few days ago as Charge d'Affaires of the U.S...
Friday will be mostly cloudy. Fog will cover the lowlands before midday. It will rain in some places, especially in southern Bulgaria. Minimum..
The Ministry of Foreign Affairs has advised Bulgarian citizens to avoid traveling to Greece because of a planned national strike today. The Foreign Ministry..
Scattered showers
Cloudy