Bulgaria's Prime Minister Boyko Borisov has vehemently vowed to fight until the end of his term, which expires in four months, despite massive anti-government protests across the country.
It would be much better for the ruling party GERB and for me to call it quits now. But if we do so, the consequences will be catastrophic, Prime Minister Boyko Borisov at a press conference in the Council of Ministers.
"I will not resign because Stanishev and Dogan, and I will fight will them till the end. Even if I am forced to be in opposition," Borisov said, referring to the leaders of the Socialist and ethnic Turkish party....
Boyko, here are some of the mistakes you and your GERB party made which inevitably eroded the beliefs and the support of the Bulgarian people.
Being extreme never does it! Your excessive “fiscal discipline” strategy (by Djankov)was a “recipe” for self destruction, stagnation and misery. Cash and the availability of it fuel the economy! Spending is GOOD!
Spending is moving the economy and the fine balance is the art of it called “Prosperous Capitalism”!
Excessive fiscal discipline can affect the economy very adversely! Reduction in consumer spending can create a recession. If people spend less, there will be less demand for goods and services. With demand, production will be decreased. When production is decreased, cost-cutting measures will be implemented. People are laid-off, the economy detracts. Consumer spending is the back-bone of capitalist mixed-economies such as that of the US.
Then NPP was also a big mistake, you can see the price of electricity today. Needles even to say that an investment in a new NPP would have been an investment in the future technological and scientific development of Bulgaria.
Other major weakness of yours, too much western focus and not enough self-confidence and emerging market acknowledgment. Out of time, being unable to recognize and capitalize on the current trends and market developments.
Closing schools and hospitals was wrong and anti-popular decision, decreasing the support for your party.
Too much reliance on the slow and cumbersome EU financing and decisions. Lack of independent and innovative decisions and strategies.
Etc. etc. etc.
Public approval, through exemplary or excellent public service or public policy is what you needed, and that’s where you couldn’t deliver and you couldn’t get it!
(the reality is that the other two options of Socialists and Turkish parties can even have way more devastating effects and results to the Bulgarian economy)
socialists are bad, boyko is mafia, ivan kostov and the democrats privatised everything. is there anything good. some guys from here sitting in america castrated during communist times keep posting remarks on a bulgarian website.
not even one of you guys have voted, or talked to the grass root people to change something or worked in some NGO for some initiative to do something.
Bulgaria is much better than most countries to think of.
Boyko's girlfriend is worth 110 mln Dollars. His best buddy runs the interior ministry. his next buddy runs the secret service, his other best buddy runs the state guards security and his best buddy who he plays cards with is chief of lukoil. he calls buddies to buy football teams.
somebody here got jacked the f up during commuist times and ended up in a rut and keeps banging all the "commies" . there are no more commies. they are CAPITALIST SOCIALIST people. get realistic.
no body came to politics to save the world or make people happy. its an income. 3000 lev if u are with committees, state car with driver and so forth. a position means a lot for a MP in a emergin country, idiots!!!!
people are fed up cos of the stupid contracts handed out saying its for kindergardens, roads and so forth. simply put somebody's buddy is doing the contracts and not so well, cos he wants the same contracts again.
'Only thing socialists are good at is creating debts.'
Well, I think debt to GDP was lower at the end of the socialist period before Boyko.
It certainly was not high and Borrisov certainly did not get it lower.
So, before you make statements like that, please think.
Direct Investment into Bulgaria on the Rise Y/Y
A Third of Bulgarians Facing Energy Poverty