Commissioner Georgieva: Bulgaria Can Easily Become Prize Pupil

Business | November 16, 2010, Tuesday // 13:11|  views

Bulgarian EU Commissioner kristalina Georgieva (L) and PM Boyko Borisov (R) during the fifth annual business-government meeting. Photo by BGNES

Even though one would expect Bulgaria to be among the last states to deal with the global financial crisis and recover its economy, it could easily turn out to be performing outstandingly, according to Bulgarian EU Commissioner Kristalina Georgieva.

Kristalina Georgieva expressed her optimistic views on the future Bulgarian development during the fifth annual business-government meeting in Bulgaria, which is organized by Confederation of Employers and Industrialists and the Capital weekly newspaper.

"A certain risk exists for the well performing countries to get overconfident, to try to divide from the rest. Meanwhile, Bulgaria has the opportunity to catch up with them," the Bulgarian EU Commissioner stated.

She emphasized the importance of introducing key reforms in order to deal with the crisis and gave Sweden, Latvia and the Czech Republic as excellent examples for states in which difficult reforms have been carried out, while their societies still have appreciated that and have reelected the respective governments.

Georgieva expressed her satisfaction with the governments efforts on improving the infrastructure. However, she pointed out the energy sector and the insufficient use of the Internet as particularly weak areas.

"We have to urge an increase in energy effectiveness", she said.

Kristalina Georgieva, who was Vice President and Corporate Secretary of the World Bank Group and is currently serving as European Commissioner for International Cooperation, Humanitarian Aid and Crisis Response, was recently announced the most popular politician in Bulgaria, achieving a higher approval rate than current Bulgarian PM Boyko Borisov, according to social survey.

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Tags: Bulgarian EU Commissioner, Kristalina Georgieva, reforms, Bulgaria


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