/ world today news/ The Prime Minister to Desislava Atanasova: I want 100% publicity for drug prices
This is the place to say that these days I was quite worried, we were under very serious tension, although we had this condition quite patiently and silently, since you know that from January 1, 2013. we have 950 million euros to pay, short of the loan that Milen Velchev took. This financial operation is probably not understood by many people, I will try to explain it to you in two or three words, so that you have an idea why we were so tense, says Prime Minister Boyko Borisov during the meeting of the Council of Ministers on Wednesday. on the occasion of the transaction with Eurobonds. Because, first of all, not only a few large economies in Europe are shaking, they are asking for loans of the order of 120 billion euros, there is a political crisis in our neighbors, I mean Romania. In Greece, at least at this stage, nothing optimistic is happening. At the European Council, the new Prime Minister Samaras was absent due to illness, so I have not heard anything from him personally, and the people who represent him can hardly say what he thinks and how far and how they will continue the reform in Greece. And in Romania, the conflict between the president and the prime minister is huge. At the last European Council, President Basescu was replaced by the Prime Minister to attend, they are playing tricks with the state newspaper, they are looking for an interpretation in the Constitutional Court, in a word – this is immediately understood as an echo very quickly. And precisely in similar situations, in a similar environment, we had to conduct this financial transaction. At the same time, we did not do it earlier either, because the crisis and the state of the markets and of all other countries was not any better. And in fact, we risked that if we show patience and are successful, we will save on the order of tens of millions of BGN even for this budget, for this year, in numerical terms we saved 80 million. And we could not save them. And here the Ministry of Finance deserves congratulations and their entire team there, because indeed the game of nerves, and we are talking about world markets, about the biggest banks, the biggest funds, which we did not know how they would react… In a word, if today the result was, like in Portugal they sold 10 percent interest…
I’ll tell you what we actually did. Instead of paying 960 million on January 1, we will pay it in five years. In other words, we have given the next government a huge peace of mind, because this guillotine was hanging over our head, and if we had not done this that day, on January 1, in our new budget, we should have set aside nearly 2 billion to pay this money. If I take 2 billion from the ministries, you can imagine. So, that, first of all, means I won’t be taking 2 billion from you, which is the happiest. But let me explain it to you. On July 9, this money should now come. At the same time, if we had issued at the same interest rate these 950 million euros – 7.5 percent, which in the conditions of global growth the government with Finance Minister Milen Velchev took, and what we achieved at 4.2 percent interest for these years, in the conditions of not only the worst crisis recognized by all, but also a crisis in our neighbors – political, financial, economic, at 4.2 percent, the difference we will make in the next five years will save the taxpayer and will accordingly come to the various programs and budgets of the ministries, is in the order of BGN 350 million. If we had managed to protect Milen Velchev’s interest, we would have paid 350 million more. If we had closed the market at 6pm at 10%, like Portugal, or at 7%, it would have been cited as an extraordinary failure of the government.
Even the biggest skeptics, even the biggest opponents of ours, are now simply silent, because we have conducted an extremely fair, transparent – for the textbooks – deal in the world. Note, there was no basement unexplored to find materials on how the same financial operation was conducted during the time of Milen Velchev. There are no materials.
What else is joyful? That at the moment we announced, because of the financial, political, economic security that Bulgaria has, 6.5 billion euros wanted to immediately buy from our debt and that from the biggest German, English, Swiss, Singaporean, Korean banks funds and what not. And notice, we had written in the conditions that we do not want our debt to be bought (which is the second lowest external debt in Europe) by Italy, Spain, Greece, we do not want it to be bought. We have reached a level where we do not want Italy, Spain to buy debt from us or Greece, which years ago they gave us as an example. Which, once again translated into a different language, shows that the world believes in Bulgaria.
I repeat, now they are inventing an occasion. There was a controversial article in the Forestry Act. Even at the slightest suspicion of lobbying, you see, we take out the law, we take out that article. We want our name as a party not to be tarnished. These are fabrications, what is being said. They don’t want to look at the facts and that’s what they do.
Or for the price of electricity. The price of electricity when there is a 2007 law. adopted for renewable sources… The moment you adopt a law, it is a signal for investors to come or you want investments to be made in this area – Bulgarians, foreigners, whatever they want. The law allows it. 2008, see how cheeky they are, fellows, you have to explain it to them, 2008. once again pump up this law by nearly doubling from 12 to 25 years the period in which the state is obligated to pay them. Ivan Kostov only encouraged them to talk nonsense against us, and did not come out to say that he sold Maritsi and obliged the state to pay the high price of electricity for 15 years. Why they hide, I cannot say. I do not want to comment on them by name, I speak as organizations.
And we’re just doing what the numbers say right now. And in this line of thought, I instruct Minister Dobrev today, after the meeting of the Council of Ministers, to go to the parliament, to talk with our parliamentarians, the State Commission for the Regulation of Prices – that’s its name, I don’t want it to be elected by the Council of Ministers. I don’t want it for the simple reason and I explain to you what the technology is. Last Thursday, the head of the ECOWAS with the Minister of Economy came to me and told me – the prices are going up by 13%, one hundred percent of this is all on the ECOWAS website, for the simple reason that the RESs are already connected, there are also the hydroelectric plants , there are the solars, there are the fins. And in the background of all the bad that contributes, there is also a good. There is indeed a 2020 European Commission directive. we must have 16% electricity consumption from green energy. In a word, we are now done with it and even more so with the new law that is coming, on the stock exchange, whatever the price is, that’s what we buy it from.
Here, priorities must be left and everyone who uses RES should be tolerated, whether they put a wind vane in the yard or panels on the roof, they deserve to be paid a lot of money, because, first of all, they don’t want to join , they are in the network, and secondly – this is the purpose of green energy. Both support their households and it is worth it for the state to subsidize companies and citizens who produce. There is logic there.
But right now you see what’s being said. And no one says that only with this financial operation… And you will see that in the coming months the reviews of Bulgaria will be better in the markets and abroad for this reason.
In addition, we were also very responsible for the next government, for the one after that, because at the moment when they told us 6 billion and 300 million euros that they were ready to take them at 4.2% interest, I remind Ovcharov, that even to the last the Russians did not want to tell us about the loan that Stanishev was supposed to take, at what interest they would give it to us. Until the end, I have not written in black and white. Six and a half billion euros coming into us at 4.2% interest – we could have easily spent it, but we only issued as much as we borrowed to remain financially disciplined. And I hope that when this money comes, the fiscal reserve will already be over 7 billion. So this lie of our opponents will also go down in history. Because you see, two years ago they said that we were ruining the country financially, “They robbed it, they ate it” and now that we are getting these results, why didn’t Oresharski come out to say “Well done!”? Because if he comes out, he has to say “Bravo!”. He can’t say otherwise. And that’s why those who keep a low profile keep quiet because they don’t want to say it.
Dobrev, today our parliamentary group should immediately propose parliamentary control. If they have to and if they even want to change members – change. DKEVR, because it determines the price of electricity, gas and water, should go to the parliament, the debate is there, stay there. Because when you came to me you told me – if the price of electricity is not raised, it is because the populist BSP did not raise it deliberately. And at the moment all the buffers are in the National Electric Company. The debts of NEK are already over a billion, and if the price of electricity is not raised, the solution is the bankruptcy of the National Energy Company. A country where a national energy company goes bankrupt cannot have a good name.
But these details and facts must be told to them. And when the head of DKEVR is called for parliamentary control, he pulls it out and says – added 1100 from water, sun and wind. That much from TPP-1 and TPP-3. It does, summarizes and says, gentlemen – that’s it, we are bankrupting the NEC, vote in the parliament, the NEC is bankrupt. And I only have a meeting with him when he comes to tell me that they are raising prices. No other relationships. And I can’t tell him – don’t raise the prices, because… This is contrary to mathematics. That’s why I also told Dobrev – go to the parliament and report the data to the deputies. We can do this because of all these things. But they won’t admit it, you see. So this topic, that’s why I wanted to tell you about it, it’s very important.
The other important one, Atanasova, is how much the prices of medicines fall every day. You explain, you give – prices, prices, publicly on the site, so much, so much.
Desislava Atanasova answers: The entire regulatory framework is ready, even with today’s changes approved by the Council of Ministers and when they are adopted by the National Assembly – and the package of measures with which the treasury will actually be able to negotiate prices for all medicinal products.
Tomorrow I will have a meeting with the pharmaceutical union, with the companies, with the representatives of generic medicinal products and the innovative ones, with patient organizations. They approve of all the changes, the only concern of the pharmacists is regarding the reduction of surcharges, but we have to protect the patients, the citizens, so that they, receiving a pension or a salary…
Boyko Borisov: One hundred percent publicity, you explain, that’s how it’s done – today we did that for the prices. Every day. You will not download this theme.
#conducted #extremely #fair #transparent #textbook #deal
**Considering the themes of transparency and accountability emphasized by the Prime Minister, what specific measures could be implemented to ensure greater public scrutiny of government decisions and actions?**
## Thematic Breakdown and Discussion Questions
This interview excerpt tackles several vital issues, primarily focusing on Bulgaria’s economic policies and strategies. Here’s a thematic breakdown with open-ended discussion questions for each:
**1. Bond Issuance & Financial Prudence**
* **Theme:** The Prime Minister celebrates securing a bond issuance at favorable interest rates, contrasting it with the previous government’s practices.
* **Questions:**
* Do you think the Prime Minister’s emphasis on the bond interest rate accurately reflects the success of the issuance? What other factors could be considered?
* Should governments prioritize lower interest rates even if it means potentially accepting higher future debt?
* How important is public transparency regarding debt management? How can governments balance transparency with strategic decision-making?
* Does the Prime Minister’s criticism of the previous administration’s financial policies seem justified based on the information provided?
**2. Renewable Energy Pricing & Policies**
* **Theme:** The Prime Minister defends the rising electricity prices, attributing them in part to renewable energy sources and past policy decisions.
* **Questions:**
* To what extent should countries prioritize renewable energy even if it leads to short-term price increases?
* Does the responsibility for managing electricity prices fall primarily on the government, energy companies, or both?
* How can governments strike a balance between supporting renewable energy development and ensuring affordable energy for citizens?
* Are there alternative solutions to managing the financial burden associated with renewable energy subsidies?
**3. Pharmaceutical Pricing & Healthcare Access**
* **Theme:** The government touts progress on lowering pharmaceutical prices, emphasizing transparency and citizen benefits.
* **Questions:**
* Are lower drug prices always beneficial for patients and healthcare systems? What potential downsides could arise?
* What are the ethical considerations involved in negotiating drug prices? Who should be prioritized in these negotiations?
* How can governments ensure that cost reductions in pharmaceuticals don’t compromise drug quality or research and development?
* What are the long-term implications of this approach for the pharmaceutical industry in Bulgaria?
**4. Transparency & Accountability**
* **Theme:** The Prime Minister repeatedly emphasizes transparency and factual accuracy while criticizing opponents.
* **Questions:**
* To what extent is the Prime Minister’s tone and phrasing appropriate in a political context?
* How can governments effectively counter misinformation and propaganda while upholding democratic principles?
* What role should independent institutions and media play in ensuring government accountability and transparency?
* How can citizens actively engage in addressing political and economic issues raised in this interview?
**5. Political Discourse & Opposition**
* **Theme:** The Prime Minister makes several direct criticisms of the opposition, accusing them of dishonesty and inaction.
* **Questions:**
* To what extent are these accusations justified based on the information provided?
* What are the potential consequences for a healthy democracy when political discourse becomes overly adversarial?
* How can political parties contribute to constructive dialog and compromise?
* What role can citizens play in encouraging respectful and productive political discourse?
By diving into these themes and encouraging thoughtful discussion based on these open-ended questions, we can foster a deeper understanding of the complex issues facing Bulgaria and the challenges its government seeks to address.