Bulgaria's efforts to integrate into the new realities of the world are going quite intensively and it is a question on time the adequate her adaptation to the new changes in the world. This is what she said in the program "Metronome" on Radio "Focus“ the chairman of the Bulgarian Forum of Business Leaders, Levon Hampartsumyan.
Our country is on its way to also meet the criterion of price stability or inflation according to the static data, which will allow it to request a decision report from the Council of the European Union on our membership of the Eurozone, so that we have a decision in the first half next year, explained the banker. "A large part of the systems in Bulgaria are already prepared and whether this will happen in the middle of the year or the beginning of 2026, I think it is already a matter of technology.“
Our country is growing economically and Bulgaria has never been so rich in terms of the value of its production and consumption. So the rating agencies give us good indicators, the banker also pointed out and added that the middle class in our country is getting bigger and richer, which is why consumption is also growing. Efficiency in spending public funds finance, however, is very low, he added: "Where we spend public money on services that are supposed to be returned to us as from public institutions – for health, for security, for education, they are not of the necessary quality, and you have to pay extra, sometimes you have to pay a lot. I.e. there is a public component and there is a private component that costs a lot of money, which means that the income tax in Bulgaria has long been no longer flat, but has become progressive.“
Regarding the draft of the state budget for next year, the purpose of which is to achieve parameters satisfying our membership in the eurozone, Levon Hampartsumyan expressed hope that our entry into the eurozone will take priority over other things and the budget will be approved in plenary hall without major changes. "There will always be something that will be underfunded both with and without the eurozone. But now we have a chance and we are already in the process of entering the Eurozone, we better enter, because it would be quite humiliating for Bulgaria if this procedure ends in failure.“