Text size

Ex-deputy PM Daniela Bobeva: Forecasts for 7.2% decline in the economy will be confirmed

published on 7/20/20 4:57 PM

Photo: BGNES

"The Bulgarian economy has begun to accumulate serious problems long before the pandemic. It is incorrect to attribute the problems of the economy to the contagion crisis." This was said in an interview for the BNR by Daniela Bobeva - an economist and former Deputy Prime Minister. She also referred to reports from the EC and the ECB in recent weeks with data for 2019, showing unfavourable trends in the development of the Bulgarian economy.

In Bobeva's opinion, the forecast of the European Commission that this year Bulgaria will have a 7.2% decline in the economy will be confirmed. The former deputy prime minister believes that the problems can be overcome with political will. At the moment, however, "we are not moving towards a market economy, but towards the return of old models with increasing state participation, which have turned out to be totally inefficient for Bulgaria," Bobeva said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Daniela Bobeva economic decline

More from category

A number of districts in Bulgaria declare flu epidemic

After Haskovo and Vidin, temporary anti-epidemic measures are also being introduced in the territory of Yambol from January 21 to 27, in Plovdiv from January 22 to 28 and in Blagoevgrad from January 22 to 30. Flu epidemic in Bulgaria to reach..

published on 1/20/25 4:22 PM

Strict safety measures envisaged in Bulgaria's rail transport after serious train accident

The companies in the structure of the Bulgarian State Railways (BDZ) must submit to the new Minister of Transport Grozdan Karadzhov reports on the weaknesses in the safety system and emergency measures to be implemented within a month by the end of the..

published on 1/20/25 3:50 PM

The Chief of Staff of the new Interior Minister resigns amidst social tension

Ivaylo Ivanov has resigned from his post as Chief of Staff of Interior Minister Daniel Mitov and is no longer part of the Interior Ministry team. Ivanov does not want to be a cause for tension in society, the ministry’s press center announced...

published on 1/20/25 1:59 PM