Lyubomir Datsov in front of FACTS: This is what Asen Vasilev did - he had something on the table and ate it... (VIDEO)

The policy implemented by Asen Vassilev did not lead to anything other than what is happening now. It will be more difficult to conduct an honest financial policy and prevent higher inflation and budget destabilization. In the past, some people kept public finances within certain limits, within reasonable limits. Who will talk about Vladi Goranov, but he was a very good finance minister. He understood something that is learned from experience. In order for things to go well for you, you need to keep the budget within certain limits and observe certain ratios and balances. Another issue, for which GERB was heavily criticized, is what was happening inside the budget itself. From the point of view of macroeconomic policy, Vladi Goranov did well. This is what he announced to Lili Marinkova in the "FACTS" studio. and the show “Conversation“ the economist Lubomir Datsov.

“You know… Let's say that for the last 20 years we have maintained the same policy, and this is shown by the results in the economy. Asen Vassilev is coming – ordinary trickster, and what does he say to you. There are some balances that are about 5% of GDP, about BGN 10 billion, which I will use to make my policy and my advertising. But what happens after you spend that money that is reserves... You go to the upper limit of the budget. And it happens that instead of having the opportunity to balance, to have the opportunity to develop there is nothing but salaries and pensions. But the next finance ministers will not have his chance to work and have balance sheets. Now we are all on the brink of punishment because of a 3% deficit. Now there is nowhere to move”, Datsov also said.

“The economy is going, inflation is falling, because that is the international trend. And from here on you have limitations, and that ties your hands. You don't have much room for maneuver. And what can any subsequent finance minister do - he will have a problem working because there will be no more opportunities for maneuvers, no buffers. This is what Asen Vassilev did - there was something on the table and he ate it. You know how the Romans used to overeat and then throw up. And this is how we move forward, but at some point someone has to pay the price”, the economist also shared.

See more from the conversation in the VIDEO.