Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Germany Too Lauds Bulgaria's Fiscal Discipline
GERMANY TOO LAUDS BULGARIA'S FISCAL DISCIPLINE
Date: 12/07/2012
Source: novinite.com
Germany Too Lauds Bulgaria's Fiscal Discipline

Bulgaria has become the picture of fiscal discipline, a top ranking German diplomat has said during his visit to Sofia, bringing good news for policy makers here.

"Bulgaria can serve as a great example of fiscal discipline, which Germany wants to see implemented across the European Union," Michael Link, Minister of State at the German Federal Foreign Office, said on Thursday.

Link is paying a visit to Sofia for the regular political consultations between the ministries of both countries.

In his words Bulgaria and Germany share a common vision about the importance of fiscal discipline.

Bulgaria, whose currency board forces the government to adhere to strict fiscal policy, has embarked on a feverish budget-tightening program.

While governments across the euro-zone periphery are on the ropes or have been felled by the economic crisis, Prime Minister Boyko Borisov's government has drawn international accolades for cutting spending.

As austerity measures bite however the government is no longer maintaining the high levels of public support it used to enjoy after the elections three years ago.


Topic: Economy



Featured District
VRATZA DISTRICT AND CITY INFORMATIONVratza
Invest Bulgaria Charts
Gross Domestic Product of Bulgaria per Capita
Gross Domestic Product of Bulgaria per Capita

Trade Balance of Bulgaria
Trade Balance of Bulgaria

See all charts
Did You Know?
Bulgaria is a space nation
Bulgaria is a space nation
Bulgaria is a space nation: Two Bulgarians have flown in space already ... More

Shopska Salad is the most popular salad in Bulgaria. It is made from tomatoes, cucumbers, onins, raw or roasted peppers and of course - the famous Bulgarian cheese.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2019 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works, creators of Uudet Nettikasinot 2019, 最新カジノ and Svenska Casinon. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members