President Plevneliev: Bulgaria is stable amid numerous crises surrounding it

A record number of crises and the interaction between them are making the world unstable, but Bulgaria’s economy has good economic indicators in spite of this, head of state President Rossen Plevneliev said on January 19.

Bulgaria had economic growth of 2.8 per cent, a drastically reduced deficit to 2.6 per cent of GDP in 2015, the third-lowest debt in the EU, absorption of EU funds for the 2007/13 programming period of 96 per cent, Plevneliev said.

Plevneliev praised the policy being conducted by the government and said that the engine of growth was exports to the countries of the EU and the region.

“We are working for confidence. We do not build economic walls, we do not want to redraw borders in the Balkans, we want them to fall, and not to move.

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