Bulgarian Vice-FinMin Bodes Dire Winter of Poverty
The prices of energy and food, as well as of other goods in Bulgaria, are bound to go up during the coming winter, according to Bulgarian Deputy Minister of Finance Vladislav Goranov.
At the same time, Goranov admitted that there is little opportunity for a significant increase in households' incomes in the short term.
"Our cabinet continues to work for the creation of conditions that will make people's incomes grow," stated the vice-FinMin in an interview for bTV.
"However, energy and foods, and all other goods connected with them, will be more expensive this winter, if we consider the trends," added he.
Goranov stressed that it is a policy of Bulgaria's center right GERB cabinet to create favorable conditions for production and employment.
He further defended plans to introduce a tax on bank interest as being fair and equitable.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Bulgaria is 43rd in the World in terms of Economic Freedom
- » Bulgaria expects Annual Inflation of around 8%
- » The EC representation in Bulgaria is launching an Information Campaign for the Adoption of the Euro
- » Visiting a Bank Office in Bulgaria is getting More and More Expensive
- » Bulgaria: "Standard & Poor's" confirmed the Credit Rating of Sofia
- » Bulgarian National Bank: Interest Rates on Housing Loans remain at around 2.5%