Home » News » The father of the currency board in our country and financier of “Democratic Bulgaria” in a new Council for Economic Affairs (Overview)

The father of the currency board in our country and financier of “Democratic Bulgaria” in a new Council for Economic Affairs (Overview)




GEORGI GANEV PHOTO: 24 hours


It includes two more financiers and two deputy prime ministers, yes develop strategies and will report to Prime Minister Stefan Yanev

The Economic Affairs Council was established by order of Prime Minister Stefan Yanev, the government’s press service said.

The advisory body includes Deputy Prime Ministers Galab Donev and Atanas Pekanov and Finance Minister Asen Vassilev. Financiers Krassimir Angarski, Emil Harsev, the program director at the Center for Liberal Studies Georgi Ganev and the teacher at the Norwegian Business School Plamen Nenov have been invited to participate in the council.

The control over the implementation of the activity of the council will be carried out personally by the Prime Minister Stefan Yanev. The main task of the newly established body will be to discuss, develop and implement innovative strategies for solving economic problems in our country.

Angarski, 62, is known as the “father” of the currency board in Bulgaria. During the caretaker government of Stefan Sofiyanski he managed to overcome hyperinflation. As head of the working group for the introduction of the currency board, he developed a program that included the closure of 64 loss-making enterprises and obliged the government to carry out the necessary reforms such as restructuring and privatization.

Plamen Nenov is an associate professor of economics at the Norwegian Business School in Oslo and a visiting researcher at the Norges Central Bank. He is engaged in research work in the field of macroeconomics and finance.

He holds a bachelor’s degree in economics and mathematics from Amherst College and a doctorate in economics from the Massachusetts Institute of Technology. In August 2020, Capital published an article explaining that under Boyko Borissov’s rule, Bulgaria found itself in economic backwardness and investment stagnation.

Georgi Ganev was a member of the short 45th National Assembly from Democratic Bulgaria and chairman of the budget committee. In an interview with 24 Chasa in April, he said there were enough funds to meet the urgent costs, but instability and a new wave of coronavirus could scare businesses.

Emil Harsev is a professor of finance at the University of National and World Economy. Only two days ago, in an interview with 24 Chasa, he also said that there was nothing to worry about in the state’s finances, but that each government had its own spending program. And when a budget is made with one priority in mind, it may not match the next priorities.

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