Ivan Neikov: The Crisis Brought Bulgaria’s Very Structure Shiny Worn Out

Ivan Neikov: The Crisis Brought Bulgaria’s Very Structure Shiny Worn Out
Ñíèìêà: omda.bg To Bulgaria will only return those who have found no realization abroad and they won’t do here as well, former social minister Ivan Neikov argues.

The problem of Bulgarian industry’s competitiveness grows fundamental. If taxes are reduced prices will not fall but producers will be given a breather

 Svetlomira Dimitrova | 18.03.2009 09:02

All indicators show a series of restructurings in the real sector is ahead. Bulgaria does not have wide experience in coping with unemployment resulting from financial crises as the current one. We should expect largely higher unemployment than in the recent years. Bulgaria’s general company debt is stunning and will remain such after the crisis ends as well. Unfortunately, Bulgaria's government is not giving rpognoses for even a few months ahead.

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