BULGARIAN ECONOMIC DEVELOPMENT NEEDS A NEW ALGORITHM

Chavdar Nikolov
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Chavdar Nikolov: SOUTHWESTERN UNIVERSITY ”NEOFIT RILSKI”, BLAGOEVGRAD

Economics and Management, 2006, vol. 2, issue 3, 30-32

Abstract: The article recommends investing the existing state budget surplus in Bulgaria in the construction of the infrastructure. This could ensure the progress of the country with 7-8% growth rates of the economy. However such a growth will be accompanied with higher inflation, which makes necessary to postpone the adoption of the euro in Bulgaria from the year 2010 to the year 2015.

Keywords: budget surplus; infrastructure; euro (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:neo:journl:v:2:y:2006:i:3:p:30-32

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