Promises have been made in a variety of ways on all occasions and the common denominator is that most of them are unrealistic for today's situation. This was commented on “This Saturday“ on bTV by the former Finance Minister in the “Saxe-Coburg-Gotha” cabinet Milen Velchev in connection with the budget disputes.
In connection with the words of Minister Temenuzhka Petkova that “the situation is very serious“ he stated that he agrees with this opinion, because “Bulgaria is in trouble“.
“I welcome the fact that both the Prime Minister and the Minister of Finance are honest with the deputies and with the society. The best they can do is prepare society for making difficult decisions in the coming weeks,“ said Velchev.
“We are in trouble, because if we really approach irresponsibly and fulfill all the promises that have been made in recent months and years on the eve of the elections, the deficit could get out of control. The most difficult thing after that is getting back on the track of normality“, commented the former finance minister.
“It is very easy to give gifts and have our children and grandchildren pay the bill by servicing the debt“, added Milen Velchev.
According to him, it is irresponsible to promise higher salaries and give out money that does not exist, against the background of the fact that we are trying to prove to the EU that our inflation is low.
Milen Velchev stated that if higher salaries are granted to some sectors, this will lead to the bankruptcy of the state in a few years. He gave the example of Greece.
“Greece was in a more privileged position than we are now, because it was a member of the eurozone for a long time and was saved from bankruptcy. "If we end up in Greece's situation, there is no reason for the ECB and the EC to save us. We will have to save ourselves," Velchev commented.