“Most of the anti-inflation measures that the former rulers rebranded as anti-crisis measures led to a prolongation of inflation. And this process will continue.” Financier Lyubomir Datsov commented this to Nova TV.
According to him, many of the problems in Bulgaria are not due to external factors, nor to the war in Ukraine.
“Bulgaria has 2 to 3 times higher inflation than the average for many other countries. This shows that there are purely internal problems that determine this process”, commented Datsov. “Starting with the work of the regulators and the regulatory framework, which does not allow for sufficiently effective control, and ending with this policy of care for people, with which they pierced our ears,” Datsov said.
He criticized politicians for not presenting their pre-election programs.
“Someone must say what will be done. The deficit must be brought within 3% of GDP next year if we do not want to see an excessive deficit procedure. And secondly, even this deficit is too high compared to economic realities. Not only is there a danger that our children will pay, but we are also burdening the grandchildren,” said the financier.