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Atanas Pekanov: We are currently in a situation where we need to calm down state spending a bit

According to the former Deputy Prime Minister, it is not too late to request a convergence report on our country's readiness for the eurozone by mid-March. And he reminded that before that, a budget must be adopted that shows sustainable public finances.

Jan 31, 2025 09:16 39

Atanas Pekanov: We are currently in a situation where we need to calm down state spending a bit  - 1

„In my opinion, the answer to the question of whether we will enter the eurozone next year is like whether we will qualify for the World Cup next year – it depends on our efforts“.

This was said in an interview with „This Morning“ on bTV Atanas Pekanov, former Deputy Prime Minister responsible for the management of European funds.

I think that our chances are better for the euro, but the most important thing is that it depends on us at the moment. It depends on the budget – from what the deputies will adopt in a few weeks“, added Pekanov.
He warned that entering the eurozone will also require a little realism.

According to him, it is not too late to request a convergence report on our country's readiness for the eurozone by mid-March. And he reminded that before that, a budget must be adopted that shows sustainable public finances.
It is ironic that for 10 years I criticized Simeon Djankov's policy - of lean pizza, and I think I was right, because it was too lean and for many years it did not help incomes grow. But it is true that we are currently in a situation where we need to curb state spending a little“, also commented Pekanov.