Rshermr
VIP Member
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- #341
Yup, and now it is 2013. And the economy has decreased in size since then, and the country is poorer. A few made a lot, but the majority lost a lot. Which is why Djankov was fired by the PM in Feb of this year. He was a HIGHLY unpopular guy with the population of the country. As I said, because the PM wants a chance of being reelected.Funny, ed was quoting SIMEON DJANKOV!!! He was the finance minister in Bulgaria, used very strict austerity methods to bring down the deficit in Bulgaria, and took the economy down the tubes. .
The government of Boiko Borisov elected in 2009 undertook steps to restore economic growth, while attempting to maintain a strict financial policy.[32] The fiscal discipline set by Finance Minister Djankov proved successful and together with reduced budget spending it placed Bulgarian economy on the stage of steadily though slowly growing in the mids of world crisis. On 1 December 2009, Standard and Poors upgraded Bulgaria's investment outlook from "negative" to "stable," which made Bulgaria the only country in the European Union to receive positive upgrade that year.[33] In January 2010 Moody's followed with an upgrade of its rating perspective from "stable" to "positive."
You really need to look at an actual impartial site to see how things are going. Then you would not look so ignorant.