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Rumen Radev stated that Bulgaria is ready to develop its strategic partnership with China through specific projects in the economy and connectivity. He mentioned that in a conversation with Chinese Foreign Minister Wang Yi, they discussed the possibilities of attracting more Chinese investments in the production of electric vehicles, energy, and agriculture. Radev described the relationship between the two countries as long-standing and based on friendship, trust, and cooperation. He pointed out that Bulgaria was the second country in the world to recognize the People's Republic of China and establish diplomatic relations with it, and the Declaration on Strategic Partnership adopted with President Xi Jinping in 2019 was an important step in the development of ties. According to him, a high-level meeting on connectivity should be held in Bulgaria in the spring of 2027 at the proposal of the Bulgarian government. He stated that its aim is to develop ties between Central Asia and Europe through the Trans-Caspian International Transport Corridor, and defined Bulgaria's strategic position as key for transport, energy, and digital connectivity between Asia and Europe. #България #Китай #партньорство (translated)

General Melchet wrote that about fifty years ago most European countries became social states. According to him, the growing demand for common resources has forced governments to seek funds to be re-elected, while productivity and economies could not grow indefinitely and the local population was decreasing. He pointed out that governments began to take loans and allow more immigrants, and the current model would inevitably collapse, with the next generation paying the price — either with money or with a change in their way of life. Melchet stated that he understands the protesters, but in his opinion, the riots will not solve the problem and political activity and more work are needed. He added that he believes a large part of what is happening is staged or opportunistic, but there is a real problem behind it. #социалнадържава #икономика #политика (translated)

"The countries, excluding France, where protests are taking place have brought economic demands and housing policy to the forefront. We must expel hypocrisy from statements about what a state can do. France has always prided itself on being a social state, on being able to give a lot to its citizens, but you know what the deficit is. You see that their economy is literally collapsing," said Kuneva. #Протести #Франция #Икономика (translated)

Experts discuss Budget 2027 in Bulgaria, highlighting the potential risks for the private sector caused by the increase in the insurance burden and the insufficient structural reforms in the context of a deteriorating economic situation. #бюджет2027 #икономика #частнисектор (translated)

The government of Rumen Radev boasted about a plan for "permanent healing of public finances, limiting state expenditures, reducing the budget deficit, and decreasing the amount of new debt compared to previous years, without changing the main tax rates." #Бюджет2027 #Протести #Икономика (translated)

The most important news for October 16, 2026, covers the Radev cabinet's plan for the 2027 budget, which anticipates a modest effect from lower expenses, accusations against the mayor of Varna, Blagomir Kocev, and the influence of Russian strikes in the Black Sea on the election campaign. #Бюджет2027 #Протести #Икономика (translated)

Stefan Belchev, chairman of the Economic Committee in the National Assembly, emphasized that the budget for 2027 will not manage funds like a fast loan company and it is necessary to have clear calculations and strict budget discipline in the context of the unions' demands for an increase in the minimum wage. #МинималнаЗаплата #Бюджет2027 #Икономика (translated)

If the crisis in the Black Sea continues, Bulgaria risks being unable to export 5 million tons of grain, threatening both the national economy and the international balance, warns Iliya Prodanov from the National Association of Grain Producers. #ЧерноМоре #пшеница #економическаКриза (translated)