Will Bulgaria Have a Stable Government After Yet Another Election in June? Our Readers Have Spoken
On our Facebook page, readers were asked about Bulgaria's stability after the June elections
Bulgarian economy emerges from recession after a turbulent 2013, the results of the traditional annual poll of the Bulgarian Industrial Association (BIA) have shown.
The results of the survey conducted among the BIA members were announced in a press conference Monday.
More than 22% of the polled said that the business climate in 2013 had improved compared to the previous year. Some 53% of the respondents claimed that the economic conditions in the country were deteriorating, while 23% of people thought they remained the same.
Despite the fact that 39% of BIA members anticipated economic stagnation in 2014, the poll showed certain optimism – 33% foresaw over 1.5% growth.
Only 25% of the polled this year said they ‘expected crisis aggravation’, compared to 51% of pessimists in 2012.
Every third businessman (29%) declared recovery of the economic conditions, 36% were able to maintain the same indicators, and 32% reported a decline of business performance. The crisis has affected mostly the sales/turnover (50% of the polled companies reported a decline), followed by production volumes (41%), employment (36%), investments (33%) and market presence (31%).
Government actions to overcome the economic crisis received negative ratings. Nearly 72% of people were dissatisfied with ex-PM Boyko Borisov’s cabinet, followed by the socialist cabinet led by Plamen Oresharsky (45%) and the provisional PM Marin Raykov (31 %).
A total of 30% of respondents approved of the current cabinet of PM Oresharski, while the previous two cabinets received 14-16% positive ratings.
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