In the Next 3-4 Years There Will Be No New Economic Crisis in Bulgaria

Business » FINANCE | February 26, 2019, Tuesday // 17:07| Views: | Comments: 0
Bulgaria: In the Next 3-4 Years There Will Be No New Economic Crisis in Bulgaria pixabay.com

''In the next 3-4 years there will be no new economic crisis in Bulgaria.''

This is what Bulgaria's Deputy Economy Minister Lachezar Borissov said at a roundtable in Sofia, quoted by BGNES. He specified that the forecast was made on the condition that no extraordinary events which occur around the world.

Borissov noted that the IMF expects global economic growth to decline by 0.2 percentage points. The same data comes from the European Commission. "What does this mean for us - that we are approaching the peak of economic growth. This means that in a few years' time we must be ready to cope with an impending economic crisis, "the Deputy Minister said.

"Our ambition is to be a leader in financial stability in Europe for 2-3 years'', the Deputy Minister of Economy was categorical.

Finance » Be a reporter: Write and send your article
Tags: lachezar borissov, stable, economy, Bulgaria, leader
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria