Bulgaria’s 3% Deficit Target for 2024 Seen as Increasingly Unlikely
Kalin Hristov, former deputy governor of the Bulgarian National Bank and former finance minister, expressed concern over the public discourse on key economic issues, describing it as resembling a heated debate between football fans rather than a rational discussion. Speaking on bTV, he criticized the lack of substantive dialogue on topics like fiscal policy and eurozone accession, arguing that many have resorted to repeating slogans rather than addressing the core problems.
Hristov pointed out that Bulgaria has adopted a policy of persistent budget deficits in recent years, which he described as unsustainable....