Bulgaria's Rulers GERB Turn WSJ Article into Trump Card

Domestic | July 21, 2010, Wednesday // 20:36|  views

MP Menda Stoyanova (middle) is pictured here with Finance Minister Simeon Djankov, and Blue Coalition Co-Chair Martin Dimitrov (right), who is critical of the government's policies. Photo by BGNES

Bulgaria’s ruling center-right party GERB has cited an article in the Wall Street Journal to fend off criticism by its informal partners from the rightist Blue Coalition.

The Wall Street Journal article entitled “Bulgarian Economy Stabilizing“ was explicitly referred to in the Bulgarian Parliament on Wednesday in order to strike back at Blue Coalition critics insisting that the GERB government of Prime Minister Boyko Borisov did not have an anti-crisis plan.

“We absolutely disagree with the criticism that our ministers in charge of the economy are not doing their job, and don’t have a clear vision about how to get Bulgaria out of the crisis. We are also definitely opposed to likening the situation in Bulgaria to the situation in our neighbors Greece and Romania. To the contrary, compared to its neighbors, Bulgaria is an island of financial stability, and this is extremely important not just to deepen the structural reforms but also to continue to develop our economy,” declared Menda Stoyanova, Chair of the Parliamentary Committee on Budget and Finance.

“There was an article that came out today in one of the most prestigious global publications about economy and business, The Wall Street Journal, which holds the opposite opinion to that of the Blue Coalition, and cites facts. Let me just mention a quote, “The Bulgarian economy looks to be stabilizing after weathering the recent financial crisis better than most of its neighbors,” said in turn another GERB MP Delyan Dobrev, citing the first sentence of the WSJ article.

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Tags: Menda Stoyanova, Delyan Dobrev, GERB, Wall Street Journal, WSJ, Blue Coalition


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