Economic Concerns loom as Fiscal Stability Wanes
A prominent concern is emerging regarding the long-term economic stability of the nation. The system, once designed to guarantee stability for decades through a robust fiscal framework, appears to be weakening. Critics argue that this framework,while initially successful,is now failing to contain rising spending and adherence to fiscal rules is slipping. “Some beleive that regulatory bodies will intervene and save us,” a concerned observer noted, “but if the foundation crumbles, there will be no saving grace. The board, tasked with overseeing financial stability, will be left powerless without a consolidated budget and a sound public finance law. It simply cannot operate under these conditions.” The issue stems from a breakdown in compliance with established European union fiscal regulations.Rules governing structural deficits, which aim to limit spending excesses, are being breached.Additionally, budget expenditures are outpacing economic growth, creating an unsustainable fiscal trajectory. “our gross domestic product might be growing, but spending is escalating at an alarming rate,” the observer continued. “As an example, while GDP growth sits at around 7 percent, spending is surging by 28 percent.” Despite some arguments for exceptions based on anticipated European funding, critiques remain, suggesting these justifications are insufficient. “History shows us that lessons are frequently enough learned the hard way,” the observer lamented. “Regrettably, we tend to onyl take notice when a crisis hits us directly. Perhaps only then will we fully grasp the urgency of the situation.” This analysis highlights the growing concerns surrounding the nation’s economic outlook.If remedial action isn’t taken soon, the long-term stability of the economy could be jeopardized.## Archyde Interview: Former PM Kostov on Bulgaria’s Political Crisis
**Archyde Host:** Good evening, and welcome to Archyde. Tonight, we’re joined by former Bulgarian Prime Minister Ivan Kostov to discuss the deepening political crisis in Bulgaria. Mr. Kostov, thank you for joining us.
**Ivan Kostov:** it’s a pleasure to be here.
**Archyde Host:** Mr. Kostov, you’ve painted a rather bleak picture of Bulgaria’s current state, highlighting a profound loss of trust in vital institutions like healthcare and education. Can you elaborate on this?
**ivan Kostov:** I believe our nation is facing a serious crisis of trust. We are seeing a concerning trend where people are losing faith in institutions they once relied on, be it healthcare, education, or even the government itself. A recent case in point is the resignation of doctors at a hospital in sandanski following public accusations of malpractice [[1](https://cadmusjournal.org/files/report-to-waas/report_on_war_in_ukraine_july_2022.pdf)]. This incident highlights the crumbling trust in those who are meant to care for our health and wellbeing.
**Archyde Host:** You also mentioned growing mistrust in the education system. Can you elaborate on how this manifests itself?
**Ivan Kostov:** We are observing a concerning trend where parents are increasingly turning against teachers, creating a divisive habitat that hinders the educational process and ultimately harms the future of our children. This erosion of trust descends from the top down. When people lose faith in the government and legislature,it inevitably permeates other aspects of society,creating a dangerous cycle of suspicion and negativity.
**Archyde Host:** You’ve also expressed concern about the recent 51% increase in police salaries, amidst a 2.8% inflation rate. Could you explain your stance on this?
**Ivan Kostov:** This wage hike is unprecedented and frankly, baffling. in a time of moderate inflation, such a drastic increase in police salaries is not only fiscally irresponsible but also sends the wrong message. It fuels public perception that certain groups are being favored at the expense of others and could possibly incite social unrest.
**Archyde Host:** What, in your opinion, is driving this political crisis?
**Ivan Kostov:** In essence, there’s a disconnect between the political elite and the average citizen. Politicians seem devoid of empathy and understanding of the struggles ordinary Bulgarians face daily. We need leaders who listen, who empathize, and who are willing to offer real, tangible solutions to the challenges we face.
**Archyde Host:** Mr. Kostov, what steps can be taken to rebuild trust and bridge this gap between the government and the people?
**Ivan Kostov:** Rebuilding trust is a long and arduous process. It requires clarity,accountability,and a genuine commitment to serving the needs of the people. open dialog, meaningful engagement with citizens, and a focus on delivering tangible results are crucial.
**Archyde Host:** Thank you, Mr. Kostov, for sharing your insights with us tonight.
**Ivan Kostov:** It was my pleasure.
Reflecting on his time in government from 1997 to 2001,Kostov lamented the sabotage of a plan to steer Bulgaria back towards its rightful place within the European community.He blamed the resistance of former communist elites and their involvement with organized crime for derailing the nation’s progress.
A Hopeful Solution: Reclaiming Bulgaria’s Future
Despite the gloomy outlook, Kostov offered two potential paths forward.He urged citizens to reclaim their political agency through informed voting,holding the political class accountable for their actions. Alternatively, he cautioned that a failure to address the underlying issues could lead to a recurrence of hyperinflation, a devastating economic crisis that Bulgaria experienced in the mid-1990s. Kostov emphasized the importance of financial discipline and maintaining the stability achieved during his prime ministership.Economic Concerns loom as Fiscal Stability Wanes
A prominent concern is emerging regarding the long-term economic stability of the nation. The system, once designed to guarantee stability for decades through a robust fiscal framework, appears to be weakening. Critics argue that this framework,while initially successful,is now failing to contain rising spending and adherence to fiscal rules is slipping. “Some beleive that regulatory bodies will intervene and save us,” a concerned observer noted, “but if the foundation crumbles, there will be no saving grace. The board, tasked with overseeing financial stability, will be left powerless without a consolidated budget and a sound public finance law. It simply cannot operate under these conditions.” The issue stems from a breakdown in compliance with established European union fiscal regulations.Rules governing structural deficits, which aim to limit spending excesses, are being breached.Additionally, budget expenditures are outpacing economic growth, creating an unsustainable fiscal trajectory. “our gross domestic product might be growing, but spending is escalating at an alarming rate,” the observer continued. “As an example, while GDP growth sits at around 7 percent, spending is surging by 28 percent.” Despite some arguments for exceptions based on anticipated European funding, critiques remain, suggesting these justifications are insufficient. “History shows us that lessons are frequently enough learned the hard way,” the observer lamented. “Regrettably, we tend to onyl take notice when a crisis hits us directly. Perhaps only then will we fully grasp the urgency of the situation.” This analysis highlights the growing concerns surrounding the nation’s economic outlook.If remedial action isn’t taken soon, the long-term stability of the economy could be jeopardized.## Archyde Interview: Former PM Kostov on Bulgaria’s Political Crisis
**Archyde Host:** Good evening, and welcome to Archyde. Tonight, we’re joined by former Bulgarian Prime Minister Ivan Kostov to discuss the deepening political crisis in Bulgaria. Mr. Kostov, thank you for joining us.
**Ivan Kostov:** it’s a pleasure to be here.
**Archyde Host:** Mr. Kostov, you’ve painted a rather bleak picture of Bulgaria’s current state, highlighting a profound loss of trust in vital institutions like healthcare and education. Can you elaborate on this?
**ivan Kostov:** I believe our nation is facing a serious crisis of trust. We are seeing a concerning trend where people are losing faith in institutions they once relied on, be it healthcare, education, or even the government itself. A recent case in point is the resignation of doctors at a hospital in sandanski following public accusations of malpractice [[1](https://cadmusjournal.org/files/report-to-waas/report_on_war_in_ukraine_july_2022.pdf)]. This incident highlights the crumbling trust in those who are meant to care for our health and wellbeing.
**Archyde Host:** You also mentioned growing mistrust in the education system. Can you elaborate on how this manifests itself?
**Ivan Kostov:** We are observing a concerning trend where parents are increasingly turning against teachers, creating a divisive habitat that hinders the educational process and ultimately harms the future of our children. This erosion of trust descends from the top down. When people lose faith in the government and legislature,it inevitably permeates other aspects of society,creating a dangerous cycle of suspicion and negativity.
**Archyde Host:** You’ve also expressed concern about the recent 51% increase in police salaries, amidst a 2.8% inflation rate. Could you explain your stance on this?
**Ivan Kostov:** This wage hike is unprecedented and frankly, baffling. in a time of moderate inflation, such a drastic increase in police salaries is not only fiscally irresponsible but also sends the wrong message. It fuels public perception that certain groups are being favored at the expense of others and could possibly incite social unrest.
**Archyde Host:** What, in your opinion, is driving this political crisis?
**Ivan Kostov:** In essence, there’s a disconnect between the political elite and the average citizen. Politicians seem devoid of empathy and understanding of the struggles ordinary Bulgarians face daily. We need leaders who listen, who empathize, and who are willing to offer real, tangible solutions to the challenges we face.
**Archyde Host:** Mr. Kostov, what steps can be taken to rebuild trust and bridge this gap between the government and the people?
**Ivan Kostov:** Rebuilding trust is a long and arduous process. It requires clarity,accountability,and a genuine commitment to serving the needs of the people. open dialog, meaningful engagement with citizens, and a focus on delivering tangible results are crucial.
**Archyde Host:** Thank you, Mr. Kostov, for sharing your insights with us tonight.
**Ivan Kostov:** It was my pleasure.
Kostov argued that politicians are largely disconnected from the struggles of ordinary citizens, lacking empathy and the willingness to offer genuine solutions. Reflecting on his time in government from 1997 to 2001,Kostov lamented the sabotage of a plan to steer Bulgaria back towards its rightful place within the European community.He blamed the resistance of former communist elites and their involvement with organized crime for derailing the nation’s progress.
A Hopeful Solution: Reclaiming Bulgaria’s Future
Despite the gloomy outlook, Kostov offered two potential paths forward.He urged citizens to reclaim their political agency through informed voting,holding the political class accountable for their actions. Alternatively, he cautioned that a failure to address the underlying issues could lead to a recurrence of hyperinflation, a devastating economic crisis that Bulgaria experienced in the mid-1990s. Kostov emphasized the importance of financial discipline and maintaining the stability achieved during his prime ministership.Economic Concerns loom as Fiscal Stability Wanes
A prominent concern is emerging regarding the long-term economic stability of the nation. The system, once designed to guarantee stability for decades through a robust fiscal framework, appears to be weakening. Critics argue that this framework,while initially successful,is now failing to contain rising spending and adherence to fiscal rules is slipping. “Some beleive that regulatory bodies will intervene and save us,” a concerned observer noted, “but if the foundation crumbles, there will be no saving grace. The board, tasked with overseeing financial stability, will be left powerless without a consolidated budget and a sound public finance law. It simply cannot operate under these conditions.” The issue stems from a breakdown in compliance with established European union fiscal regulations.Rules governing structural deficits, which aim to limit spending excesses, are being breached.Additionally, budget expenditures are outpacing economic growth, creating an unsustainable fiscal trajectory. “our gross domestic product might be growing, but spending is escalating at an alarming rate,” the observer continued. “As an example, while GDP growth sits at around 7 percent, spending is surging by 28 percent.” Despite some arguments for exceptions based on anticipated European funding, critiques remain, suggesting these justifications are insufficient. “History shows us that lessons are frequently enough learned the hard way,” the observer lamented. “Regrettably, we tend to onyl take notice when a crisis hits us directly. Perhaps only then will we fully grasp the urgency of the situation.” This analysis highlights the growing concerns surrounding the nation’s economic outlook.If remedial action isn’t taken soon, the long-term stability of the economy could be jeopardized.## Archyde Interview: Former PM Kostov on Bulgaria’s Political Crisis
**Archyde Host:** Good evening, and welcome to Archyde. Tonight, we’re joined by former Bulgarian Prime Minister Ivan Kostov to discuss the deepening political crisis in Bulgaria. Mr. Kostov, thank you for joining us.
**Ivan Kostov:** it’s a pleasure to be here.
**Archyde Host:** Mr. Kostov, you’ve painted a rather bleak picture of Bulgaria’s current state, highlighting a profound loss of trust in vital institutions like healthcare and education. Can you elaborate on this?
**ivan Kostov:** I believe our nation is facing a serious crisis of trust. We are seeing a concerning trend where people are losing faith in institutions they once relied on, be it healthcare, education, or even the government itself. A recent case in point is the resignation of doctors at a hospital in sandanski following public accusations of malpractice [[1](https://cadmusjournal.org/files/report-to-waas/report_on_war_in_ukraine_july_2022.pdf)]. This incident highlights the crumbling trust in those who are meant to care for our health and wellbeing.
**Archyde Host:** You also mentioned growing mistrust in the education system. Can you elaborate on how this manifests itself?
**Ivan Kostov:** We are observing a concerning trend where parents are increasingly turning against teachers, creating a divisive habitat that hinders the educational process and ultimately harms the future of our children. This erosion of trust descends from the top down. When people lose faith in the government and legislature,it inevitably permeates other aspects of society,creating a dangerous cycle of suspicion and negativity.
**Archyde Host:** You’ve also expressed concern about the recent 51% increase in police salaries, amidst a 2.8% inflation rate. Could you explain your stance on this?
**Ivan Kostov:** This wage hike is unprecedented and frankly, baffling. in a time of moderate inflation, such a drastic increase in police salaries is not only fiscally irresponsible but also sends the wrong message. It fuels public perception that certain groups are being favored at the expense of others and could possibly incite social unrest.
**Archyde Host:** What, in your opinion, is driving this political crisis?
**Ivan Kostov:** In essence, there’s a disconnect between the political elite and the average citizen. Politicians seem devoid of empathy and understanding of the struggles ordinary Bulgarians face daily. We need leaders who listen, who empathize, and who are willing to offer real, tangible solutions to the challenges we face.
**Archyde Host:** Mr. Kostov, what steps can be taken to rebuild trust and bridge this gap between the government and the people?
**Ivan Kostov:** Rebuilding trust is a long and arduous process. It requires clarity,accountability,and a genuine commitment to serving the needs of the people. open dialog, meaningful engagement with citizens, and a focus on delivering tangible results are crucial.
**Archyde Host:** Thank you, Mr. Kostov, for sharing your insights with us tonight.
**Ivan Kostov:** It was my pleasure.
“Let’s say it plainly and quite directly to the people who are about to put the police on the street to protest. There is no such situation in the world when inflation is 2.8% to have a 51% increase in wages. This is really about Guinness. If these people take to the streets, the whole system will already collapse. Do you understand how far we have come?” Kostov stated, expressing concern about the potential for social unrest. Kostov argued that politicians are largely disconnected from the struggles of ordinary citizens, lacking empathy and the willingness to offer genuine solutions. Reflecting on his time in government from 1997 to 2001,Kostov lamented the sabotage of a plan to steer Bulgaria back towards its rightful place within the European community.He blamed the resistance of former communist elites and their involvement with organized crime for derailing the nation’s progress.
A Hopeful Solution: Reclaiming Bulgaria’s Future
Despite the gloomy outlook, Kostov offered two potential paths forward.He urged citizens to reclaim their political agency through informed voting,holding the political class accountable for their actions. Alternatively, he cautioned that a failure to address the underlying issues could lead to a recurrence of hyperinflation, a devastating economic crisis that Bulgaria experienced in the mid-1990s. Kostov emphasized the importance of financial discipline and maintaining the stability achieved during his prime ministership.Economic Concerns loom as Fiscal Stability Wanes
A prominent concern is emerging regarding the long-term economic stability of the nation. The system, once designed to guarantee stability for decades through a robust fiscal framework, appears to be weakening. Critics argue that this framework,while initially successful,is now failing to contain rising spending and adherence to fiscal rules is slipping. “Some beleive that regulatory bodies will intervene and save us,” a concerned observer noted, “but if the foundation crumbles, there will be no saving grace. The board, tasked with overseeing financial stability, will be left powerless without a consolidated budget and a sound public finance law. It simply cannot operate under these conditions.” The issue stems from a breakdown in compliance with established European union fiscal regulations.Rules governing structural deficits, which aim to limit spending excesses, are being breached.Additionally, budget expenditures are outpacing economic growth, creating an unsustainable fiscal trajectory. “our gross domestic product might be growing, but spending is escalating at an alarming rate,” the observer continued. “As an example, while GDP growth sits at around 7 percent, spending is surging by 28 percent.” Despite some arguments for exceptions based on anticipated European funding, critiques remain, suggesting these justifications are insufficient. “History shows us that lessons are frequently enough learned the hard way,” the observer lamented. “Regrettably, we tend to onyl take notice when a crisis hits us directly. Perhaps only then will we fully grasp the urgency of the situation.” This analysis highlights the growing concerns surrounding the nation’s economic outlook.If remedial action isn’t taken soon, the long-term stability of the economy could be jeopardized.## Archyde Interview: Former PM Kostov on Bulgaria’s Political Crisis
**Archyde Host:** Good evening, and welcome to Archyde. Tonight, we’re joined by former Bulgarian Prime Minister Ivan Kostov to discuss the deepening political crisis in Bulgaria. Mr. Kostov, thank you for joining us.
**Ivan Kostov:** it’s a pleasure to be here.
**Archyde Host:** Mr. Kostov, you’ve painted a rather bleak picture of Bulgaria’s current state, highlighting a profound loss of trust in vital institutions like healthcare and education. Can you elaborate on this?
**ivan Kostov:** I believe our nation is facing a serious crisis of trust. We are seeing a concerning trend where people are losing faith in institutions they once relied on, be it healthcare, education, or even the government itself. A recent case in point is the resignation of doctors at a hospital in sandanski following public accusations of malpractice [[1](https://cadmusjournal.org/files/report-to-waas/report_on_war_in_ukraine_july_2022.pdf)]. This incident highlights the crumbling trust in those who are meant to care for our health and wellbeing.
**Archyde Host:** You also mentioned growing mistrust in the education system. Can you elaborate on how this manifests itself?
**Ivan Kostov:** We are observing a concerning trend where parents are increasingly turning against teachers, creating a divisive habitat that hinders the educational process and ultimately harms the future of our children. This erosion of trust descends from the top down. When people lose faith in the government and legislature,it inevitably permeates other aspects of society,creating a dangerous cycle of suspicion and negativity.
**Archyde Host:** You’ve also expressed concern about the recent 51% increase in police salaries, amidst a 2.8% inflation rate. Could you explain your stance on this?
**Ivan Kostov:** This wage hike is unprecedented and frankly, baffling. in a time of moderate inflation, such a drastic increase in police salaries is not only fiscally irresponsible but also sends the wrong message. It fuels public perception that certain groups are being favored at the expense of others and could possibly incite social unrest.
**Archyde Host:** What, in your opinion, is driving this political crisis?
**Ivan Kostov:** In essence, there’s a disconnect between the political elite and the average citizen. Politicians seem devoid of empathy and understanding of the struggles ordinary Bulgarians face daily. We need leaders who listen, who empathize, and who are willing to offer real, tangible solutions to the challenges we face.
**Archyde Host:** Mr. Kostov, what steps can be taken to rebuild trust and bridge this gap between the government and the people?
**Ivan Kostov:** Rebuilding trust is a long and arduous process. It requires clarity,accountability,and a genuine commitment to serving the needs of the people. open dialog, meaningful engagement with citizens, and a focus on delivering tangible results are crucial.
**Archyde Host:** Thank you, Mr. Kostov, for sharing your insights with us tonight.
**Ivan Kostov:** It was my pleasure.
He also condemned a 51% increase in police salaries amidst a 2.8% inflation rate, deeming it unprecedented and perhaps destabilizing. “Let’s say it plainly and quite directly to the people who are about to put the police on the street to protest. There is no such situation in the world when inflation is 2.8% to have a 51% increase in wages. This is really about Guinness. If these people take to the streets, the whole system will already collapse. Do you understand how far we have come?” Kostov stated, expressing concern about the potential for social unrest. Kostov argued that politicians are largely disconnected from the struggles of ordinary citizens, lacking empathy and the willingness to offer genuine solutions. Reflecting on his time in government from 1997 to 2001,Kostov lamented the sabotage of a plan to steer Bulgaria back towards its rightful place within the European community.He blamed the resistance of former communist elites and their involvement with organized crime for derailing the nation’s progress.
A Hopeful Solution: Reclaiming Bulgaria’s Future
Despite the gloomy outlook, Kostov offered two potential paths forward.He urged citizens to reclaim their political agency through informed voting,holding the political class accountable for their actions. Alternatively, he cautioned that a failure to address the underlying issues could lead to a recurrence of hyperinflation, a devastating economic crisis that Bulgaria experienced in the mid-1990s. Kostov emphasized the importance of financial discipline and maintaining the stability achieved during his prime ministership.Economic Concerns loom as Fiscal Stability Wanes
A prominent concern is emerging regarding the long-term economic stability of the nation. The system, once designed to guarantee stability for decades through a robust fiscal framework, appears to be weakening. Critics argue that this framework,while initially successful,is now failing to contain rising spending and adherence to fiscal rules is slipping. “Some beleive that regulatory bodies will intervene and save us,” a concerned observer noted, “but if the foundation crumbles, there will be no saving grace. The board, tasked with overseeing financial stability, will be left powerless without a consolidated budget and a sound public finance law. It simply cannot operate under these conditions.” The issue stems from a breakdown in compliance with established European union fiscal regulations.Rules governing structural deficits, which aim to limit spending excesses, are being breached.Additionally, budget expenditures are outpacing economic growth, creating an unsustainable fiscal trajectory. “our gross domestic product might be growing, but spending is escalating at an alarming rate,” the observer continued. “As an example, while GDP growth sits at around 7 percent, spending is surging by 28 percent.” Despite some arguments for exceptions based on anticipated European funding, critiques remain, suggesting these justifications are insufficient. “History shows us that lessons are frequently enough learned the hard way,” the observer lamented. “Regrettably, we tend to onyl take notice when a crisis hits us directly. Perhaps only then will we fully grasp the urgency of the situation.” This analysis highlights the growing concerns surrounding the nation’s economic outlook.If remedial action isn’t taken soon, the long-term stability of the economy could be jeopardized.## Archyde Interview: Former PM Kostov on Bulgaria’s Political Crisis
**Archyde Host:** Good evening, and welcome to Archyde. Tonight, we’re joined by former Bulgarian Prime Minister Ivan Kostov to discuss the deepening political crisis in Bulgaria. Mr. Kostov, thank you for joining us.
**Ivan Kostov:** it’s a pleasure to be here.
**Archyde Host:** Mr. Kostov, you’ve painted a rather bleak picture of Bulgaria’s current state, highlighting a profound loss of trust in vital institutions like healthcare and education. Can you elaborate on this?
**ivan Kostov:** I believe our nation is facing a serious crisis of trust. We are seeing a concerning trend where people are losing faith in institutions they once relied on, be it healthcare, education, or even the government itself. A recent case in point is the resignation of doctors at a hospital in sandanski following public accusations of malpractice [[1](https://cadmusjournal.org/files/report-to-waas/report_on_war_in_ukraine_july_2022.pdf)]. This incident highlights the crumbling trust in those who are meant to care for our health and wellbeing.
**Archyde Host:** You also mentioned growing mistrust in the education system. Can you elaborate on how this manifests itself?
**Ivan Kostov:** We are observing a concerning trend where parents are increasingly turning against teachers, creating a divisive habitat that hinders the educational process and ultimately harms the future of our children. This erosion of trust descends from the top down. When people lose faith in the government and legislature,it inevitably permeates other aspects of society,creating a dangerous cycle of suspicion and negativity.
**Archyde Host:** You’ve also expressed concern about the recent 51% increase in police salaries, amidst a 2.8% inflation rate. Could you explain your stance on this?
**Ivan Kostov:** This wage hike is unprecedented and frankly, baffling. in a time of moderate inflation, such a drastic increase in police salaries is not only fiscally irresponsible but also sends the wrong message. It fuels public perception that certain groups are being favored at the expense of others and could possibly incite social unrest.
**Archyde Host:** What, in your opinion, is driving this political crisis?
**Ivan Kostov:** In essence, there’s a disconnect between the political elite and the average citizen. Politicians seem devoid of empathy and understanding of the struggles ordinary Bulgarians face daily. We need leaders who listen, who empathize, and who are willing to offer real, tangible solutions to the challenges we face.
**Archyde Host:** Mr. Kostov, what steps can be taken to rebuild trust and bridge this gap between the government and the people?
**Ivan Kostov:** Rebuilding trust is a long and arduous process. It requires clarity,accountability,and a genuine commitment to serving the needs of the people. open dialog, meaningful engagement with citizens, and a focus on delivering tangible results are crucial.
**Archyde Host:** Thank you, Mr. Kostov, for sharing your insights with us tonight.
**Ivan Kostov:** It was my pleasure.
“Do you see what is happening? It so happens that from the loss of trust in the key state institutions – such as the government, such as the legislature – mistrust descends to levels where defeats are truly dangerous,” Kostov warned. He also condemned a 51% increase in police salaries amidst a 2.8% inflation rate, deeming it unprecedented and perhaps destabilizing. “Let’s say it plainly and quite directly to the people who are about to put the police on the street to protest. There is no such situation in the world when inflation is 2.8% to have a 51% increase in wages. This is really about Guinness. If these people take to the streets, the whole system will already collapse. Do you understand how far we have come?” Kostov stated, expressing concern about the potential for social unrest. Kostov argued that politicians are largely disconnected from the struggles of ordinary citizens, lacking empathy and the willingness to offer genuine solutions. Reflecting on his time in government from 1997 to 2001,Kostov lamented the sabotage of a plan to steer Bulgaria back towards its rightful place within the European community.He blamed the resistance of former communist elites and their involvement with organized crime for derailing the nation’s progress.
A Hopeful Solution: Reclaiming Bulgaria’s Future
Despite the gloomy outlook, Kostov offered two potential paths forward.He urged citizens to reclaim their political agency through informed voting,holding the political class accountable for their actions. Alternatively, he cautioned that a failure to address the underlying issues could lead to a recurrence of hyperinflation, a devastating economic crisis that Bulgaria experienced in the mid-1990s. Kostov emphasized the importance of financial discipline and maintaining the stability achieved during his prime ministership.Economic Concerns loom as Fiscal Stability Wanes
A prominent concern is emerging regarding the long-term economic stability of the nation. The system, once designed to guarantee stability for decades through a robust fiscal framework, appears to be weakening. Critics argue that this framework,while initially successful,is now failing to contain rising spending and adherence to fiscal rules is slipping. “Some beleive that regulatory bodies will intervene and save us,” a concerned observer noted, “but if the foundation crumbles, there will be no saving grace. The board, tasked with overseeing financial stability, will be left powerless without a consolidated budget and a sound public finance law. It simply cannot operate under these conditions.” The issue stems from a breakdown in compliance with established European union fiscal regulations.Rules governing structural deficits, which aim to limit spending excesses, are being breached.Additionally, budget expenditures are outpacing economic growth, creating an unsustainable fiscal trajectory. “our gross domestic product might be growing, but spending is escalating at an alarming rate,” the observer continued. “As an example, while GDP growth sits at around 7 percent, spending is surging by 28 percent.” Despite some arguments for exceptions based on anticipated European funding, critiques remain, suggesting these justifications are insufficient. “History shows us that lessons are frequently enough learned the hard way,” the observer lamented. “Regrettably, we tend to onyl take notice when a crisis hits us directly. Perhaps only then will we fully grasp the urgency of the situation.” This analysis highlights the growing concerns surrounding the nation’s economic outlook.If remedial action isn’t taken soon, the long-term stability of the economy could be jeopardized.## Archyde Interview: Former PM Kostov on Bulgaria’s Political Crisis
**Archyde Host:** Good evening, and welcome to Archyde. Tonight, we’re joined by former Bulgarian Prime Minister Ivan Kostov to discuss the deepening political crisis in Bulgaria. Mr. Kostov, thank you for joining us.
**Ivan Kostov:** it’s a pleasure to be here.
**Archyde Host:** Mr. Kostov, you’ve painted a rather bleak picture of Bulgaria’s current state, highlighting a profound loss of trust in vital institutions like healthcare and education. Can you elaborate on this?
**ivan Kostov:** I believe our nation is facing a serious crisis of trust. We are seeing a concerning trend where people are losing faith in institutions they once relied on, be it healthcare, education, or even the government itself. A recent case in point is the resignation of doctors at a hospital in sandanski following public accusations of malpractice [[1](https://cadmusjournal.org/files/report-to-waas/report_on_war_in_ukraine_july_2022.pdf)]. This incident highlights the crumbling trust in those who are meant to care for our health and wellbeing.
**Archyde Host:** You also mentioned growing mistrust in the education system. Can you elaborate on how this manifests itself?
**Ivan Kostov:** We are observing a concerning trend where parents are increasingly turning against teachers, creating a divisive habitat that hinders the educational process and ultimately harms the future of our children. This erosion of trust descends from the top down. When people lose faith in the government and legislature,it inevitably permeates other aspects of society,creating a dangerous cycle of suspicion and negativity.
**Archyde Host:** You’ve also expressed concern about the recent 51% increase in police salaries, amidst a 2.8% inflation rate. Could you explain your stance on this?
**Ivan Kostov:** This wage hike is unprecedented and frankly, baffling. in a time of moderate inflation, such a drastic increase in police salaries is not only fiscally irresponsible but also sends the wrong message. It fuels public perception that certain groups are being favored at the expense of others and could possibly incite social unrest.
**Archyde Host:** What, in your opinion, is driving this political crisis?
**Ivan Kostov:** In essence, there’s a disconnect between the political elite and the average citizen. Politicians seem devoid of empathy and understanding of the struggles ordinary Bulgarians face daily. We need leaders who listen, who empathize, and who are willing to offer real, tangible solutions to the challenges we face.
**Archyde Host:** Mr. Kostov, what steps can be taken to rebuild trust and bridge this gap between the government and the people?
**Ivan Kostov:** Rebuilding trust is a long and arduous process. It requires clarity,accountability,and a genuine commitment to serving the needs of the people. open dialog, meaningful engagement with citizens, and a focus on delivering tangible results are crucial.
**Archyde Host:** Thank you, Mr. Kostov, for sharing your insights with us tonight.
**Ivan Kostov:** It was my pleasure.
Similarly,Kostov pointed to growing mistrust in the education system,where parents are turning against teachers,further hindering the growth of future generations. “Do you see what is happening? It so happens that from the loss of trust in the key state institutions – such as the government, such as the legislature – mistrust descends to levels where defeats are truly dangerous,” Kostov warned. He also condemned a 51% increase in police salaries amidst a 2.8% inflation rate, deeming it unprecedented and perhaps destabilizing. “Let’s say it plainly and quite directly to the people who are about to put the police on the street to protest. There is no such situation in the world when inflation is 2.8% to have a 51% increase in wages. This is really about Guinness. If these people take to the streets, the whole system will already collapse. Do you understand how far we have come?” Kostov stated, expressing concern about the potential for social unrest. Kostov argued that politicians are largely disconnected from the struggles of ordinary citizens, lacking empathy and the willingness to offer genuine solutions. Reflecting on his time in government from 1997 to 2001,Kostov lamented the sabotage of a plan to steer Bulgaria back towards its rightful place within the European community.He blamed the resistance of former communist elites and their involvement with organized crime for derailing the nation’s progress.
A Hopeful Solution: Reclaiming Bulgaria’s Future
Despite the gloomy outlook, Kostov offered two potential paths forward.He urged citizens to reclaim their political agency through informed voting,holding the political class accountable for their actions. Alternatively, he cautioned that a failure to address the underlying issues could lead to a recurrence of hyperinflation, a devastating economic crisis that Bulgaria experienced in the mid-1990s. Kostov emphasized the importance of financial discipline and maintaining the stability achieved during his prime ministership.Economic Concerns loom as Fiscal Stability Wanes
A prominent concern is emerging regarding the long-term economic stability of the nation. The system, once designed to guarantee stability for decades through a robust fiscal framework, appears to be weakening. Critics argue that this framework,while initially successful,is now failing to contain rising spending and adherence to fiscal rules is slipping. “Some beleive that regulatory bodies will intervene and save us,” a concerned observer noted, “but if the foundation crumbles, there will be no saving grace. The board, tasked with overseeing financial stability, will be left powerless without a consolidated budget and a sound public finance law. It simply cannot operate under these conditions.” The issue stems from a breakdown in compliance with established European union fiscal regulations.Rules governing structural deficits, which aim to limit spending excesses, are being breached.Additionally, budget expenditures are outpacing economic growth, creating an unsustainable fiscal trajectory. “our gross domestic product might be growing, but spending is escalating at an alarming rate,” the observer continued. “As an example, while GDP growth sits at around 7 percent, spending is surging by 28 percent.” Despite some arguments for exceptions based on anticipated European funding, critiques remain, suggesting these justifications are insufficient. “History shows us that lessons are frequently enough learned the hard way,” the observer lamented. “Regrettably, we tend to onyl take notice when a crisis hits us directly. Perhaps only then will we fully grasp the urgency of the situation.” This analysis highlights the growing concerns surrounding the nation’s economic outlook.If remedial action isn’t taken soon, the long-term stability of the economy could be jeopardized.## Archyde Interview: Former PM Kostov on Bulgaria’s Political Crisis
**Archyde Host:** Good evening, and welcome to Archyde. Tonight, we’re joined by former Bulgarian Prime Minister Ivan Kostov to discuss the deepening political crisis in Bulgaria. Mr. Kostov, thank you for joining us.
**Ivan Kostov:** it’s a pleasure to be here.
**Archyde Host:** Mr. Kostov, you’ve painted a rather bleak picture of Bulgaria’s current state, highlighting a profound loss of trust in vital institutions like healthcare and education. Can you elaborate on this?
**ivan Kostov:** I believe our nation is facing a serious crisis of trust. We are seeing a concerning trend where people are losing faith in institutions they once relied on, be it healthcare, education, or even the government itself. A recent case in point is the resignation of doctors at a hospital in sandanski following public accusations of malpractice [[1](https://cadmusjournal.org/files/report-to-waas/report_on_war_in_ukraine_july_2022.pdf)]. This incident highlights the crumbling trust in those who are meant to care for our health and wellbeing.
**Archyde Host:** You also mentioned growing mistrust in the education system. Can you elaborate on how this manifests itself?
**Ivan Kostov:** We are observing a concerning trend where parents are increasingly turning against teachers, creating a divisive habitat that hinders the educational process and ultimately harms the future of our children. This erosion of trust descends from the top down. When people lose faith in the government and legislature,it inevitably permeates other aspects of society,creating a dangerous cycle of suspicion and negativity.
**Archyde Host:** You’ve also expressed concern about the recent 51% increase in police salaries, amidst a 2.8% inflation rate. Could you explain your stance on this?
**Ivan Kostov:** This wage hike is unprecedented and frankly, baffling. in a time of moderate inflation, such a drastic increase in police salaries is not only fiscally irresponsible but also sends the wrong message. It fuels public perception that certain groups are being favored at the expense of others and could possibly incite social unrest.
**Archyde Host:** What, in your opinion, is driving this political crisis?
**Ivan Kostov:** In essence, there’s a disconnect between the political elite and the average citizen. Politicians seem devoid of empathy and understanding of the struggles ordinary Bulgarians face daily. We need leaders who listen, who empathize, and who are willing to offer real, tangible solutions to the challenges we face.
**Archyde Host:** Mr. Kostov, what steps can be taken to rebuild trust and bridge this gap between the government and the people?
**Ivan Kostov:** Rebuilding trust is a long and arduous process. It requires clarity,accountability,and a genuine commitment to serving the needs of the people. open dialog, meaningful engagement with citizens, and a focus on delivering tangible results are crucial.
**Archyde Host:** Thank you, Mr. Kostov, for sharing your insights with us tonight.
**Ivan Kostov:** It was my pleasure.
“What does this testify to, except for the absolute loss of trust of a part of the Bulgarian society, which take care of our health,” Kostov questioned, emphasizing the dire consequences for patient care when trust in healthcare professionals collapses. Similarly,Kostov pointed to growing mistrust in the education system,where parents are turning against teachers,further hindering the growth of future generations. “Do you see what is happening? It so happens that from the loss of trust in the key state institutions – such as the government, such as the legislature – mistrust descends to levels where defeats are truly dangerous,” Kostov warned. He also condemned a 51% increase in police salaries amidst a 2.8% inflation rate, deeming it unprecedented and perhaps destabilizing. “Let’s say it plainly and quite directly to the people who are about to put the police on the street to protest. There is no such situation in the world when inflation is 2.8% to have a 51% increase in wages. This is really about Guinness. If these people take to the streets, the whole system will already collapse. Do you understand how far we have come?” Kostov stated, expressing concern about the potential for social unrest. Kostov argued that politicians are largely disconnected from the struggles of ordinary citizens, lacking empathy and the willingness to offer genuine solutions. Reflecting on his time in government from 1997 to 2001,Kostov lamented the sabotage of a plan to steer Bulgaria back towards its rightful place within the European community.He blamed the resistance of former communist elites and their involvement with organized crime for derailing the nation’s progress.
A Hopeful Solution: Reclaiming Bulgaria’s Future
Despite the gloomy outlook, Kostov offered two potential paths forward.He urged citizens to reclaim their political agency through informed voting,holding the political class accountable for their actions. Alternatively, he cautioned that a failure to address the underlying issues could lead to a recurrence of hyperinflation, a devastating economic crisis that Bulgaria experienced in the mid-1990s. Kostov emphasized the importance of financial discipline and maintaining the stability achieved during his prime ministership.Economic Concerns loom as Fiscal Stability Wanes
A prominent concern is emerging regarding the long-term economic stability of the nation. The system, once designed to guarantee stability for decades through a robust fiscal framework, appears to be weakening. Critics argue that this framework,while initially successful,is now failing to contain rising spending and adherence to fiscal rules is slipping. “Some beleive that regulatory bodies will intervene and save us,” a concerned observer noted, “but if the foundation crumbles, there will be no saving grace. The board, tasked with overseeing financial stability, will be left powerless without a consolidated budget and a sound public finance law. It simply cannot operate under these conditions.” The issue stems from a breakdown in compliance with established European union fiscal regulations.Rules governing structural deficits, which aim to limit spending excesses, are being breached.Additionally, budget expenditures are outpacing economic growth, creating an unsustainable fiscal trajectory. “our gross domestic product might be growing, but spending is escalating at an alarming rate,” the observer continued. “As an example, while GDP growth sits at around 7 percent, spending is surging by 28 percent.” Despite some arguments for exceptions based on anticipated European funding, critiques remain, suggesting these justifications are insufficient. “History shows us that lessons are frequently enough learned the hard way,” the observer lamented. “Regrettably, we tend to onyl take notice when a crisis hits us directly. Perhaps only then will we fully grasp the urgency of the situation.” This analysis highlights the growing concerns surrounding the nation’s economic outlook.If remedial action isn’t taken soon, the long-term stability of the economy could be jeopardized.## Archyde Interview: Former PM Kostov on Bulgaria’s Political Crisis
**Archyde Host:** Good evening, and welcome to Archyde. Tonight, we’re joined by former Bulgarian Prime Minister Ivan Kostov to discuss the deepening political crisis in Bulgaria. Mr. Kostov, thank you for joining us.
**Ivan Kostov:** it’s a pleasure to be here.
**Archyde Host:** Mr. Kostov, you’ve painted a rather bleak picture of Bulgaria’s current state, highlighting a profound loss of trust in vital institutions like healthcare and education. Can you elaborate on this?
**ivan Kostov:** I believe our nation is facing a serious crisis of trust. We are seeing a concerning trend where people are losing faith in institutions they once relied on, be it healthcare, education, or even the government itself. A recent case in point is the resignation of doctors at a hospital in sandanski following public accusations of malpractice [[1](https://cadmusjournal.org/files/report-to-waas/report_on_war_in_ukraine_july_2022.pdf)]. This incident highlights the crumbling trust in those who are meant to care for our health and wellbeing.
**Archyde Host:** You also mentioned growing mistrust in the education system. Can you elaborate on how this manifests itself?
**Ivan Kostov:** We are observing a concerning trend where parents are increasingly turning against teachers, creating a divisive habitat that hinders the educational process and ultimately harms the future of our children. This erosion of trust descends from the top down. When people lose faith in the government and legislature,it inevitably permeates other aspects of society,creating a dangerous cycle of suspicion and negativity.
**Archyde Host:** You’ve also expressed concern about the recent 51% increase in police salaries, amidst a 2.8% inflation rate. Could you explain your stance on this?
**Ivan Kostov:** This wage hike is unprecedented and frankly, baffling. in a time of moderate inflation, such a drastic increase in police salaries is not only fiscally irresponsible but also sends the wrong message. It fuels public perception that certain groups are being favored at the expense of others and could possibly incite social unrest.
**Archyde Host:** What, in your opinion, is driving this political crisis?
**Ivan Kostov:** In essence, there’s a disconnect between the political elite and the average citizen. Politicians seem devoid of empathy and understanding of the struggles ordinary Bulgarians face daily. We need leaders who listen, who empathize, and who are willing to offer real, tangible solutions to the challenges we face.
**Archyde Host:** Mr. Kostov, what steps can be taken to rebuild trust and bridge this gap between the government and the people?
**Ivan Kostov:** Rebuilding trust is a long and arduous process. It requires clarity,accountability,and a genuine commitment to serving the needs of the people. open dialog, meaningful engagement with citizens, and a focus on delivering tangible results are crucial.
**Archyde Host:** Thank you, Mr. Kostov, for sharing your insights with us tonight.
**Ivan Kostov:** It was my pleasure.
He highlighted a concerning trend: a widespread loss of trust in vital institutions like the healthcare and education systems.Kostov cited the resignation of doctors at a Sandanski hospital following public accusations of malpractice as a stark example of this eroding trust. “What does this testify to, except for the absolute loss of trust of a part of the Bulgarian society, which take care of our health,” Kostov questioned, emphasizing the dire consequences for patient care when trust in healthcare professionals collapses. Similarly,Kostov pointed to growing mistrust in the education system,where parents are turning against teachers,further hindering the growth of future generations. “Do you see what is happening? It so happens that from the loss of trust in the key state institutions – such as the government, such as the legislature – mistrust descends to levels where defeats are truly dangerous,” Kostov warned. He also condemned a 51% increase in police salaries amidst a 2.8% inflation rate, deeming it unprecedented and perhaps destabilizing. “Let’s say it plainly and quite directly to the people who are about to put the police on the street to protest. There is no such situation in the world when inflation is 2.8% to have a 51% increase in wages. This is really about Guinness. If these people take to the streets, the whole system will already collapse. Do you understand how far we have come?” Kostov stated, expressing concern about the potential for social unrest. Kostov argued that politicians are largely disconnected from the struggles of ordinary citizens, lacking empathy and the willingness to offer genuine solutions. Reflecting on his time in government from 1997 to 2001,Kostov lamented the sabotage of a plan to steer Bulgaria back towards its rightful place within the European community.He blamed the resistance of former communist elites and their involvement with organized crime for derailing the nation’s progress.
A Hopeful Solution: Reclaiming Bulgaria’s Future
Despite the gloomy outlook, Kostov offered two potential paths forward.He urged citizens to reclaim their political agency through informed voting,holding the political class accountable for their actions. Alternatively, he cautioned that a failure to address the underlying issues could lead to a recurrence of hyperinflation, a devastating economic crisis that Bulgaria experienced in the mid-1990s. Kostov emphasized the importance of financial discipline and maintaining the stability achieved during his prime ministership.Economic Concerns loom as Fiscal Stability Wanes
A prominent concern is emerging regarding the long-term economic stability of the nation. The system, once designed to guarantee stability for decades through a robust fiscal framework, appears to be weakening. Critics argue that this framework,while initially successful,is now failing to contain rising spending and adherence to fiscal rules is slipping. “Some beleive that regulatory bodies will intervene and save us,” a concerned observer noted, “but if the foundation crumbles, there will be no saving grace. The board, tasked with overseeing financial stability, will be left powerless without a consolidated budget and a sound public finance law. It simply cannot operate under these conditions.” The issue stems from a breakdown in compliance with established European union fiscal regulations.Rules governing structural deficits, which aim to limit spending excesses, are being breached.Additionally, budget expenditures are outpacing economic growth, creating an unsustainable fiscal trajectory. “our gross domestic product might be growing, but spending is escalating at an alarming rate,” the observer continued. “As an example, while GDP growth sits at around 7 percent, spending is surging by 28 percent.” Despite some arguments for exceptions based on anticipated European funding, critiques remain, suggesting these justifications are insufficient. “History shows us that lessons are frequently enough learned the hard way,” the observer lamented. “Regrettably, we tend to onyl take notice when a crisis hits us directly. Perhaps only then will we fully grasp the urgency of the situation.” This analysis highlights the growing concerns surrounding the nation’s economic outlook.If remedial action isn’t taken soon, the long-term stability of the economy could be jeopardized.## Archyde Interview: Former PM Kostov on Bulgaria’s Political Crisis
**Archyde Host:** Good evening, and welcome to Archyde. Tonight, we’re joined by former Bulgarian Prime Minister Ivan Kostov to discuss the deepening political crisis in Bulgaria. Mr. Kostov, thank you for joining us.
**Ivan Kostov:** it’s a pleasure to be here.
**Archyde Host:** Mr. Kostov, you’ve painted a rather bleak picture of Bulgaria’s current state, highlighting a profound loss of trust in vital institutions like healthcare and education. Can you elaborate on this?
**ivan Kostov:** I believe our nation is facing a serious crisis of trust. We are seeing a concerning trend where people are losing faith in institutions they once relied on, be it healthcare, education, or even the government itself. A recent case in point is the resignation of doctors at a hospital in sandanski following public accusations of malpractice [[1](https://cadmusjournal.org/files/report-to-waas/report_on_war_in_ukraine_july_2022.pdf)]. This incident highlights the crumbling trust in those who are meant to care for our health and wellbeing.
**Archyde Host:** You also mentioned growing mistrust in the education system. Can you elaborate on how this manifests itself?
**Ivan Kostov:** We are observing a concerning trend where parents are increasingly turning against teachers, creating a divisive habitat that hinders the educational process and ultimately harms the future of our children. This erosion of trust descends from the top down. When people lose faith in the government and legislature,it inevitably permeates other aspects of society,creating a dangerous cycle of suspicion and negativity.
**Archyde Host:** You’ve also expressed concern about the recent 51% increase in police salaries, amidst a 2.8% inflation rate. Could you explain your stance on this?
**Ivan Kostov:** This wage hike is unprecedented and frankly, baffling. in a time of moderate inflation, such a drastic increase in police salaries is not only fiscally irresponsible but also sends the wrong message. It fuels public perception that certain groups are being favored at the expense of others and could possibly incite social unrest.
**Archyde Host:** What, in your opinion, is driving this political crisis?
**Ivan Kostov:** In essence, there’s a disconnect between the political elite and the average citizen. Politicians seem devoid of empathy and understanding of the struggles ordinary Bulgarians face daily. We need leaders who listen, who empathize, and who are willing to offer real, tangible solutions to the challenges we face.
**Archyde Host:** Mr. Kostov, what steps can be taken to rebuild trust and bridge this gap between the government and the people?
**Ivan Kostov:** Rebuilding trust is a long and arduous process. It requires clarity,accountability,and a genuine commitment to serving the needs of the people. open dialog, meaningful engagement with citizens, and a focus on delivering tangible results are crucial.
**Archyde Host:** Thank you, Mr. Kostov, for sharing your insights with us tonight.
**Ivan Kostov:** It was my pleasure.
Former Bulgarian Prime Minister ivan Kostov paints a bleak picture of his nation’s current state, warning of a deeply ingrained political crisis. Speaking in an interview with Deutsche Welle, Kostov lamented that public discourse has strayed far from addressing the pressing issues facing Bulgarian society. He highlighted a concerning trend: a widespread loss of trust in vital institutions like the healthcare and education systems.Kostov cited the resignation of doctors at a Sandanski hospital following public accusations of malpractice as a stark example of this eroding trust. “What does this testify to, except for the absolute loss of trust of a part of the Bulgarian society, which take care of our health,” Kostov questioned, emphasizing the dire consequences for patient care when trust in healthcare professionals collapses. Similarly,Kostov pointed to growing mistrust in the education system,where parents are turning against teachers,further hindering the growth of future generations. “Do you see what is happening? It so happens that from the loss of trust in the key state institutions – such as the government, such as the legislature – mistrust descends to levels where defeats are truly dangerous,” Kostov warned. He also condemned a 51% increase in police salaries amidst a 2.8% inflation rate, deeming it unprecedented and perhaps destabilizing. “Let’s say it plainly and quite directly to the people who are about to put the police on the street to protest. There is no such situation in the world when inflation is 2.8% to have a 51% increase in wages. This is really about Guinness. If these people take to the streets, the whole system will already collapse. Do you understand how far we have come?” Kostov stated, expressing concern about the potential for social unrest. Kostov argued that politicians are largely disconnected from the struggles of ordinary citizens, lacking empathy and the willingness to offer genuine solutions. Reflecting on his time in government from 1997 to 2001,Kostov lamented the sabotage of a plan to steer Bulgaria back towards its rightful place within the European community.He blamed the resistance of former communist elites and their involvement with organized crime for derailing the nation’s progress.
A Hopeful Solution: Reclaiming Bulgaria’s Future
Despite the gloomy outlook, Kostov offered two potential paths forward.He urged citizens to reclaim their political agency through informed voting,holding the political class accountable for their actions. Alternatively, he cautioned that a failure to address the underlying issues could lead to a recurrence of hyperinflation, a devastating economic crisis that Bulgaria experienced in the mid-1990s. Kostov emphasized the importance of financial discipline and maintaining the stability achieved during his prime ministership.Economic Concerns loom as Fiscal Stability Wanes
A prominent concern is emerging regarding the long-term economic stability of the nation. The system, once designed to guarantee stability for decades through a robust fiscal framework, appears to be weakening. Critics argue that this framework,while initially successful,is now failing to contain rising spending and adherence to fiscal rules is slipping. “Some beleive that regulatory bodies will intervene and save us,” a concerned observer noted, “but if the foundation crumbles, there will be no saving grace. The board, tasked with overseeing financial stability, will be left powerless without a consolidated budget and a sound public finance law. It simply cannot operate under these conditions.” The issue stems from a breakdown in compliance with established European union fiscal regulations.Rules governing structural deficits, which aim to limit spending excesses, are being breached.Additionally, budget expenditures are outpacing economic growth, creating an unsustainable fiscal trajectory. “our gross domestic product might be growing, but spending is escalating at an alarming rate,” the observer continued. “As an example, while GDP growth sits at around 7 percent, spending is surging by 28 percent.” Despite some arguments for exceptions based on anticipated European funding, critiques remain, suggesting these justifications are insufficient. “History shows us that lessons are frequently enough learned the hard way,” the observer lamented. “Regrettably, we tend to onyl take notice when a crisis hits us directly. Perhaps only then will we fully grasp the urgency of the situation.” This analysis highlights the growing concerns surrounding the nation’s economic outlook.If remedial action isn’t taken soon, the long-term stability of the economy could be jeopardized.## Archyde Interview: Former PM Kostov on Bulgaria’s Political Crisis
**Archyde Host:** Good evening, and welcome to Archyde. Tonight, we’re joined by former Bulgarian Prime Minister Ivan Kostov to discuss the deepening political crisis in Bulgaria. Mr. Kostov, thank you for joining us.
**Ivan Kostov:** it’s a pleasure to be here.
**Archyde Host:** Mr. Kostov, you’ve painted a rather bleak picture of Bulgaria’s current state, highlighting a profound loss of trust in vital institutions like healthcare and education. Can you elaborate on this?
**ivan Kostov:** I believe our nation is facing a serious crisis of trust. We are seeing a concerning trend where people are losing faith in institutions they once relied on, be it healthcare, education, or even the government itself. A recent case in point is the resignation of doctors at a hospital in sandanski following public accusations of malpractice [[1](https://cadmusjournal.org/files/report-to-waas/report_on_war_in_ukraine_july_2022.pdf)]. This incident highlights the crumbling trust in those who are meant to care for our health and wellbeing.
**Archyde Host:** You also mentioned growing mistrust in the education system. Can you elaborate on how this manifests itself?
**Ivan Kostov:** We are observing a concerning trend where parents are increasingly turning against teachers, creating a divisive habitat that hinders the educational process and ultimately harms the future of our children. This erosion of trust descends from the top down. When people lose faith in the government and legislature,it inevitably permeates other aspects of society,creating a dangerous cycle of suspicion and negativity.
**Archyde Host:** You’ve also expressed concern about the recent 51% increase in police salaries, amidst a 2.8% inflation rate. Could you explain your stance on this?
**Ivan Kostov:** This wage hike is unprecedented and frankly, baffling. in a time of moderate inflation, such a drastic increase in police salaries is not only fiscally irresponsible but also sends the wrong message. It fuels public perception that certain groups are being favored at the expense of others and could possibly incite social unrest.
**Archyde Host:** What, in your opinion, is driving this political crisis?
**Ivan Kostov:** In essence, there’s a disconnect between the political elite and the average citizen. Politicians seem devoid of empathy and understanding of the struggles ordinary Bulgarians face daily. We need leaders who listen, who empathize, and who are willing to offer real, tangible solutions to the challenges we face.
**Archyde Host:** Mr. Kostov, what steps can be taken to rebuild trust and bridge this gap between the government and the people?
**Ivan Kostov:** Rebuilding trust is a long and arduous process. It requires clarity,accountability,and a genuine commitment to serving the needs of the people. open dialog, meaningful engagement with citizens, and a focus on delivering tangible results are crucial.
**Archyde Host:** Thank you, Mr. Kostov, for sharing your insights with us tonight.
**Ivan Kostov:** It was my pleasure.
bulgaria’s Political Crisis: A loss of Trust and a Path Forward
Table of Contents
A Hopeful Solution: Reclaiming Bulgaria’s Future
Despite the gloomy outlook, Kostov offered two potential paths forward.He urged citizens to reclaim their political agency through informed voting,holding the political class accountable for their actions. Alternatively, he cautioned that a failure to address the underlying issues could lead to a recurrence of hyperinflation, a devastating economic crisis that Bulgaria experienced in the mid-1990s. Kostov emphasized the importance of financial discipline and maintaining the stability achieved during his prime ministership.Economic Concerns loom as Fiscal Stability Wanes
A prominent concern is emerging regarding the long-term economic stability of the nation. The system, once designed to guarantee stability for decades through a robust fiscal framework, appears to be weakening. Critics argue that this framework,while initially successful,is now failing to contain rising spending and adherence to fiscal rules is slipping. “Some beleive that regulatory bodies will intervene and save us,” a concerned observer noted, “but if the foundation crumbles, there will be no saving grace. The board, tasked with overseeing financial stability, will be left powerless without a consolidated budget and a sound public finance law. It simply cannot operate under these conditions.” The issue stems from a breakdown in compliance with established European union fiscal regulations.Rules governing structural deficits, which aim to limit spending excesses, are being breached.Additionally, budget expenditures are outpacing economic growth, creating an unsustainable fiscal trajectory. “our gross domestic product might be growing, but spending is escalating at an alarming rate,” the observer continued. “As an example, while GDP growth sits at around 7 percent, spending is surging by 28 percent.” Despite some arguments for exceptions based on anticipated European funding, critiques remain, suggesting these justifications are insufficient. “History shows us that lessons are frequently enough learned the hard way,” the observer lamented. “Regrettably, we tend to onyl take notice when a crisis hits us directly. Perhaps only then will we fully grasp the urgency of the situation.” This analysis highlights the growing concerns surrounding the nation’s economic outlook.If remedial action isn’t taken soon, the long-term stability of the economy could be jeopardized.## Archyde Interview: Former PM Kostov on Bulgaria’s Political Crisis
**Archyde Host:** Good evening, and welcome to Archyde. Tonight, we’re joined by former Bulgarian Prime Minister Ivan Kostov to discuss the deepening political crisis in Bulgaria. Mr. Kostov, thank you for joining us.
**Ivan Kostov:** it’s a pleasure to be here.
**Archyde Host:** Mr. Kostov, you’ve painted a rather bleak picture of Bulgaria’s current state, highlighting a profound loss of trust in vital institutions like healthcare and education. Can you elaborate on this?
**ivan Kostov:** I believe our nation is facing a serious crisis of trust. We are seeing a concerning trend where people are losing faith in institutions they once relied on, be it healthcare, education, or even the government itself. A recent case in point is the resignation of doctors at a hospital in sandanski following public accusations of malpractice [[1](https://cadmusjournal.org/files/report-to-waas/report_on_war_in_ukraine_july_2022.pdf)]. This incident highlights the crumbling trust in those who are meant to care for our health and wellbeing.
**Archyde Host:** You also mentioned growing mistrust in the education system. Can you elaborate on how this manifests itself?
**Ivan Kostov:** We are observing a concerning trend where parents are increasingly turning against teachers, creating a divisive habitat that hinders the educational process and ultimately harms the future of our children. This erosion of trust descends from the top down. When people lose faith in the government and legislature,it inevitably permeates other aspects of society,creating a dangerous cycle of suspicion and negativity.
**Archyde Host:** You’ve also expressed concern about the recent 51% increase in police salaries, amidst a 2.8% inflation rate. Could you explain your stance on this?
**Ivan Kostov:** This wage hike is unprecedented and frankly, baffling. in a time of moderate inflation, such a drastic increase in police salaries is not only fiscally irresponsible but also sends the wrong message. It fuels public perception that certain groups are being favored at the expense of others and could possibly incite social unrest.
**Archyde Host:** What, in your opinion, is driving this political crisis?
**Ivan Kostov:** In essence, there’s a disconnect between the political elite and the average citizen. Politicians seem devoid of empathy and understanding of the struggles ordinary Bulgarians face daily. We need leaders who listen, who empathize, and who are willing to offer real, tangible solutions to the challenges we face.
**Archyde Host:** Mr. Kostov, what steps can be taken to rebuild trust and bridge this gap between the government and the people?
**Ivan Kostov:** Rebuilding trust is a long and arduous process. It requires clarity,accountability,and a genuine commitment to serving the needs of the people. open dialog, meaningful engagement with citizens, and a focus on delivering tangible results are crucial.
**Archyde Host:** Thank you, Mr. Kostov, for sharing your insights with us tonight.
**Ivan Kostov:** It was my pleasure.