Well readers, my political punditry skills were accurate as the new government is a GERB-Blue Coalition one with a comfortable majority led by Boiko Borisov.They say their priorities are tackling the economic crisis, fighting corruption and freeing up the suspended EU money. Public debt in Bulgaria is a horrendous 25% of GDP and they will have a hard task ahead.The economic situation here is such that GDP may fall significantly with falls in real incomes.Let us hope the worst is over soon and that this government is serious in its commitments.
No comments:
Post a Comment