“The two convergence reports are a joy for those in power and a concern for the people, because every Bulgarian knows that the officially declared inflation is 2.7%, but in reality it is much higher.” This was what President Rumen Radev told journalists before leaving for his official visit to Kazakhstan and Uzbekistan, BTA reports. He added that the reports do not spare critical remarks. According to the head of state, the most important question is whether we are really ready to enter the eurozone and when this should happen.

Both consumers and producers know that market principles in our country do not work well, because there is no adequate regulatory framework to protect producers, stimulate farmers to cooperate, and guarantee their competitiveness, Rumen Radev said.

The President also expressed the opinion that the National Assembly has turned its back on the Bulgarian people by refusing a national referendum and that the political class has broken the social contract with the citizens. “The parliament does not represent the will of the people, but is a kind of citadel that refuses to hear the voice of the Bulgarian citizens,” he said.

• Euro is coming: effects and drawbacks

Editor: Diana Tsankova

Publication in English: Al. Markov

Photo: BTA