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Bulgarian PM Predicts Economic Growth in 2014

Politics » DOMESTIC | December 9, 2013, Monday // 13:15| Views: 895 | Comments: 2
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Bulgaria: Bulgarian PM Predicts Economic Growth in 2014 Bulgarian Prime Minister Plamen Oresharski. Photo by BGNES

Bulgaria's Prime Minister Plamen Oresharski believes 2014 will be an year of economic growth and development.

"While everyone was expecting our economy to burst, it happened to a number of other economies. Our banking sector, and many other sectors, withstood the pressure. Now, after 5 years of recession, my experts and I have reason to believe that 2014 will be an year of growth", said Oresharski, cited by Standartnews.

The Prime Minister pointed out that Bulgaria remains among the top EU countries in terms of fiscal discipline and budgetary deficit.

"We are trying to reduce the administrative burden, which is burdening both businesses and the judiciary. This burden has been piling up ever since the late 90s, and now it is time to work, rather than talk", added the PM.

Oresharski believes one of the main challenges is to optimize the revenue agencies, but not at the expense of the business sector. Another key task is to draw foreign investment through major projects.

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» To the forumComments (2)
Johnny Boy - 12 Dec 2013 // 05:17:06

Why do all politicians say whatever makes them look good. Any fool can see things suck all over the globe, with few exceptions..if any. The world is connected and the game is the same, steal the peoples money and feel no shame. We keep supporting those that steal, serves us right if we cannot afford a meal. May Baba MArta be unleashed for there soul, she will be enraged cause its made of coal. Here is an English lesson. Soul and Coal sound similar, why?

Chushki - 9 Dec 2013 // 19:49:32

"one of the main challenges is to optimize the revenue agencies"

Is it any coincidence that since the Commies took power and they reinstated all the lazy pigs from the last Commie government, that revenue collection has plummeted?

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