In an exclusive interview with national media, financial expert Prof. Daniela Bobeva outlined the complex picture of Bulgaria's economic condition, emphasizing key macroeconomic trends and potential risks.
Analyzing inflation processes, she pointed out that tourism, culture, and public catering sectors are the main drivers of price changes. According to the expert assessment, food products are not decisive for inflationary pressure, which places a different emphasis on understanding pricing.
Bobeva categorically opposed the idea of introducing administrative price restrictions, drawing a parallel with past economic practices. Her position emphasizes the need for market self-regulation and creating conditions for fair commercial activity.
The economic review also includes an analysis of the tourism factor, which traditionally causes seasonal increase in consumption. The forecast of around four million tourists creates prerequisites for additional economic activity.
An important emphasis in the presentation is the credit rating assessment. Despite the increase, Prof. Bobeva noted that Bulgaria already had a high international financial rating among neighboring countries. She stressed that the macroeconomic framework is extremely stable, but political instability and institutional challenges hinder full economic development.
The expert warned of potential external economic risks related to international trade policy. The Ministry of Economy is working on assessing and mitigating possible negative effects of trade restrictions.
Among the positive trends, Bobeva highlights the second tranche of the Recovery and Resilience Plan, which will support public finances and investment activity. She expressed confidence that there are no significant obstacles to Bulgaria's accession to the Eurozone.
The financial expert recommended a cautious approach to income, emphasizing the need for financial stabilization. Her vision includes reforms focused on public expenditure efficiency, rather than tax increases.
In conclusion, Prof. Bobeva presented a balanced and realistic picture of economic challenges, highlighting the potential for development and the need for institutional improvements.