Bulgaria Finance Minister: 2010 Budget Is Next Step Out of Crisis

Finance | December 3, 2009, Thursday // 10:02|  views

Bulgaria Finance Minister. Simeon Djankov (center) said "according to international rankings I am the best financier in Eastern Europe and among the top 100 in the world." Photo by BGNES

Bulgaria Finance Minister, Simeon Djankov, has stated that the 2010 budget is the next big step out of the financial crisis for the country.

Djankov, speaking in an interview on bTV after the budget was adopted by parliament early Thursday, said that the next four months will be financially difficult for the country but after that he expects things to improve. He added that the new center-right GERB government’s anti-crisis program was obviously working, which will emerge most clearly in Spring 2010.

According to Djankov increased exports and a smaller economic downturn than expected are indicators that speak for the success of the measures implemented by the Cabinet. “We will clean all the bad things from the previous government and after the spring things will get better and will go up," he continued.

Djankov also commented on Vasil Bozhkov, who is believed to be the richest Bulgarian (a businessman formerly widely involved in the gambling business) who recently slammed the GERB government over last Thursday’s gambling tax hike;

“If the rich complain about what the government does, then the cabinet must be working well for the average Bulgarian. PM Boyko Borisov advised me never to meet with businessmen and bankers one on one and I do not do it. I did not know who the richest Bulgarian was" explained Diankov.

He concluded; “After 20 years working outside the country I do not know these ‘players’. However I believe I am a better finance expert than Bozhkov - according to international rankings I am the best financier in Eastern Europe and among the top 100 in the world.”

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Tags: Simeon Djankov, Vasil Bozhkov, Budget 2010, finance minister

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