Petal GanefEconomists at the Institute for Market Economics say: BulgariaGetting Ready to Participate Eurozone In an interview with BNR, he noted that upcoming periodic convergence reports will likely show that the country is not ready. Ganef To ensure a smooth transition, he stressed the need for a government that can lead high-level discussions and implement coherent policies. Eurozone He warned against taking hasty action without integration and strategic planning.
About Bulgariaprogress towards achieving the inflation benchmark; Ganef Using an analogy, he suggested that the country was close to its goal, but that sustained stability was needed to ensure compliance over the long term.
In addressing inflation risks, the economist highlighted the ongoing debate over potential volatility in Europe amid current geopolitical uncertainty. He said: EUR While this is an important regulatory step towards accession, the real challenge lies in gaining political consensus and meeting all the necessary criteria.
From now on, Ganef Commenting on the fiscal outlook under the next Finance Minister, he anticipated an expansionary budget and stressed the importance of prudent resource management. He noted that supported by a manageable operational budget, there is scope to implement policies aimed at the benefit of the people.
Ganef Also, BulgariaOn the evolution of wage policy in the United States, he pointed to the large increases in salaries in both the public and private sectors. He rejected the conventional view of keeping wages low to be competitive, suggesting that the approach has changed.
About BulgariaRecovery and sustainability plans for Ganef He stressed the long-term importance of the reforms and policies contained in the plan. He underscored the need to maintain continuity beyond the plan's validity period and to continue adhering to the framework for future economic stability and growth.
