as Bulgaria Economists working on economic challenges have highlighted the country's laggards within the European Union, particularly in terms of purchasing power. According to recent Eurostat data, Bulgaria ranked last in european uniona worrying sign of its economic status.
Economists emphasize critical inequality: no european union Member countries have joined euro area The minimum wage is less than 500 euros. This harsh reality emphasizes that BulgariaIt highlights the country's economic woes and highlights the need for significant improvements to close the gap with European countries.
Vasyl Verev, Chairman of the Industrial Capital Association, expressed his concern: BulgariaEconomic growth has slowed down compared to other Central and Eastern European countries. He said: Bulgaria Although progress is being made, the pace is insufficient and has led to widening disparities in productivity and living standards.
”Other Central and Eastern European countries have significantly surpassed us.they are already close to it european union average,” said Mr. Verev in an interview with bTV, stressing the importance of boosting per capita GDP for economic growth. Bulgariastandard of living and competitiveness.
Similarly, Lyuboslav Kostov, chief economist of the Federation of Independent Trade Unions, said: Bulgaria (CITUB) expressed similar concerns. Bulgariaeconomic performance. Kostov emphasized the need to achieve growth rates above the European average to foster real convergence within the EU.
addressing BulgariaI would like to participate in euro area, economists emphasized the importance of economic stability and growth. They are, euro area Usually requires a minimum wage above the benchmark of 500 euros Bulgaria We haven't met yet.
Velev predicted the following potential timeline: Bulgaria's euro area It suggests that accession could happen around 2025, although not necessarily at the beginning of the year. He stressed the importance of prioritizing sustainable economic growth over short-term solutions such as borrowing.
Looking forward, Verev expressed optimism about the impact of the new caretaker government, expecting improved governance and stability. He emphasized the need for sustainable management to address these issues. Bulgariaeffectively solve economic challenges.
In summary, BulgariaThe country's economic performance remains a concern among economists, highlighting the urgent need for reforms to improve productivity, increase incomes and strengthen the country's competitiveness within the EU. ing.
