The national debt has increased. Bulgaria has one of the lowest external debts, it can afford it, the question is - if you take this money, what will you use it for? If they are not invested in something that will bring GDP growth or help attract investment, better infrastructure, safer travel - then it makes sense, but the things they were used for didn't make sense . This was stated by the former Minister of Economy, Nikola Stoyanov, in the program "The Day ON AIR".
In his words, Schengen is more important for the goods than for the people themselves as an economic achievement. According to him, the Eurozone and all policies in the financial and economic sphere have led to the point that there is absolutely no chance in 2025 d. Bulgaria to be admitted to Schengen with its land borders.
"KZP fulfills its functions very well. Raising incomes should follow the natural path - we raise productivity, the economy rises, the state has more money, companies can generate more profits. Income is directly proportional to the ratio of each employee. Bulgaria is several times below the average coefficient of useful action. There are a lot of reasons. It is about organization in the companies, prices of energy resources, logistics, there are many factors. Prepared people must be at the head of the institutions," commented Stoyanov to Bulgaria ON AIR.
He noted that investments in the country are few - the environment is not good and not enough is being done.
"The contract with "Botash" gave Bulgaria many opportunities, but we do not use it. Each contract can be renegotiated. He needed more gas. Energy contracts must guarantee sustainability. It is better to use the contract, the most stupid thing would be to terminate it and pay penalties," added the former Minister of Economy.