Georgi Angelov

Georgi Angelov, senior economist at "Open Society", shared insights on Bulgaria's battle against the demographic crisis in an interview with NOVA NEWS.

As Bulgaria steers towards adopting the euro, economists dispel concerns over potential price increases, assuring the public that the impact on inflation will be minimal. Renowned economists, including Petar Ganev and Preslav Raykov, have weighed in on the matter, emphasizing the stability and positive prospects associated with the currency transition.

The new data from the National Statistical Institute (NSI) on several main economic indicators are extremely positive. From them, it can be concluded that the Bulgarian economy has already overcome the crisis related to the coronavirus and is entering a period of economic growth.

The May 10th decree by which President Rumen Radev appointed Kiril Petkov as economy minister in the first caretaker government is unconstitutional.

This was ruled by the Constitutional Court with 11 votes, as Georgi Angelov signed the decision with a special opinion on the admissibility. The court is expected to announce its motives later in the day.

Bulgaria's caretaker government plans to increase all pensions from 1 October this year, announced Finance Minister Asen Vassilev, adding that if parliament supports his proposals, no pensioners in Bulgaria will be living below the poverty line by autumn.

This pie-chart made by economist Georgi Angelov shows how many Bulgarian expatriates live in Europe as of the beginning of January 2020. The most are in Germany - 342 000, and this is the size of the population of Plovdiv, 24 Hours daily comments.

The Bulgarian Constitutional Court on Friday ruled that the Council of Europe's convention on preventing and combating violence against women and domestic violence, known as the Istanbul Convention, does not conform to the Bulgarian constitution.

The Istanbul Convention blurs the boundaries between the sexes and this would make it harder to fight domestic violence. It therefore contradicts the constitution, the Constitutional Court decided on Friday with a majority of 8 to 4 votes.

Bulgaria is watching the crisis in neighboring Greece "through wary eyes," Brussels-based EUObserver writes.

It reports about the government's position after Athens announced a bank holiday this week, which reads that the Greek banks' branches are established under Bulgarian law and no money can be transferred from them out of the country without a permission from the central bank.

The new strategy for stabilization and development of the Bulgarian railway service BDZ will be ready until the middle of February, as announced by the CEO of the company Vladimir Vladimirov on Wednesday.