Last news in Fakti

Ivan Kostov: Bulgaria is in a permanent crisis, frequent elections destroy financial stability

The former prime minister comments on the political situation and his new book

Oct 13, 2024 18:40 49

Ivan Kostov: Bulgaria is in a permanent crisis, frequent elections destroy financial stability  - 1

The answers to what brought Bulgaria into a political crisis, including today, are between the pages of Ivan Kostov's book. About the beginning of the merger of the mafia with the top of the state administration, what failed in post-communist Bulgaria, about the state security projects and the unfinished transition in “On focus” former Prime Minister Ivan Kostov is visiting. He published his second book in the series “Testimonies for the Transition“.

„Bulgaria has been in a permanent crisis for quite some time. These frequent elections are destroying the country's financial stability, as evidenced by the latest data from the Ministry of Finance. No one is responsible for a long period of time, everyone wants to be good today. Accordingly, they ruin the stability of the country. According to estimates, there should be a BGN 18 billion deficit next year, which is a huge burden, Kostov said.

In what Ivan Kostov wrote in the book, it is mentioned that at one point some of the purest voices of democracy turned away from him. “Society was not ready, it thought that everything would somehow become much easier, it would not pay a heavy price for this transformation. Many living rooms continued in the old way. Although there was even then a democratic community that led the reforms, from which I and Kiril Marichkov originate, he announced.

„Kiril Marichkov was a man who knew how to inspire. His soul was music. We have been together many times, we have many dear memories," commented the former prime minister on the occasion of the musician's death.

„I had very high hopes that Bulgaria's membership in NATO and the European Union would greatly help the country to complete its process of democracy and build an order based on the law. I said then that it is not the European funds that are important, but the order, he added.

„In the last two years, seeing the attitude of the West towards the war that Russia is waging in Ukraine, I expected a much stronger resistance and support, as well as a much faster mobilization of the military-industrial complexes. I thought that the support would not waver and weaken”, pointed out Kostov.