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How Serious Are Bulgaria's Financial Difficulties? – Caretaker Finance Minister - Novinite.com

Send to Kindle There is a little more than BGN 2 billion in the state, said caretaker Minister of Finance Assen Vassilev, who expressed his strong concern about the little available money in the state. That BGN 2 billion is enough to cover the costs outlaid in the budget. The anti-epidemic measures have been a political trap since the budget was adopted. I don t think there s going to be a finance minister who dares lifting them, tolds Bulgaria ON AIR Stoyan Panchev from the European Club for Economics and Politics (EKIP). According to him, the pension system is one of the big problems.

Bulgaria: How Effective Is State Covid Aid in Terms of Macroeconomics - Novinite.com

Send to Kindle State aid aimed to support households during the crisis caused by the pandemic are not macroeconomically effective. This is one of the conclusions of the Economic and Public Policy Council, Vladimir Sirakov reported. The analysis and conclusions are based on a sociological survey by Trend polling agency commissioned by the Council, conducted between 13 and 19 April 2021, among over 1,000 people, by interviewing a person with the question: If the state paid a person BGN 1,400, what would you do with this money? Repairs and payment of arrears on utility bills – this is the most common response in the survey (28%), according to the results; 21 percent said they would pay their debts to banks and 27 percent would spend the money on food.