07.08.2013

Bulgarian state should become premium payer. If it is a first class payer, and the business will not be trusted. It says the Executive President of the Bulgarian Industrial Association Bojidar Danev in an interview  in the leading Bulgarian newspaper "24 hours". Danev  says  the intention of the Bulgarian government to resort to holding debt of 1 billion BGN and updating of the national budget.

 "If the state becomes premium payer, expect up to a year and a half Bulgarian economy to work and create jobs." , including  the Executive President of the Chamber.

According to Bojidar Danev, the second condition to deal with domestic economic crisis is to ensure fairness. "No justice would be difficult to expect any general changes. This means fairness in terms of distribution of the contracts. In times of crisis, public investment is critical to the economy, including the spending of EU funds. If you see where these funds are focused and which are the companies that utilize them, I'll outline what are the oligarchic circles are discussed in public. ", said in an interview Danev. Executive Chairman of the BIA also believes that there are serious grounds for review of the budget. According to him, it is not important only making 1 billion BNG debt, but the timing of borrowing. " When it is highly necessary price will appreciate. These are the rules of the market - never take money when everyone knows that you need, "said  Danev.

In the newspaper Danev indicate the economic paradox that is not observed in any other country in Europe - in extremely low public debt of 14-17% of GDP, the obligations of Bulgarian business were 220% of GDP. "That is, the state with ease and most irresponsible transfer debt problems on business and the result is clear - close to jobs, no foreign investors monitor problems in terms of liquidity, non-payment of wages and benefits and the introduction of part of the manufacturing sector in greyscale. ", including the Executive Chairman of the BIA. In the interview with the leading daily newspaper  Danev recommended politicians are careful in their decisions because every decision affects the economy. "The important thing is to know that the economy is very fragile and should be handled with political hands." , said  Bojidar Danev.

Date: 07.08.2013

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