Bulgaria's Social Security Hikes: Threat to Jobs and Fiscal Stability? | Expert Analysis

Former Finance Minister Simeon Dyankov warns of a looming public finance crisis in Bulgaria by 2027, blaming chaotic budget management and proposed social security hikes. Could this lead to job losses in the private sector and an excessive deficit? This video breaks down Dyankov's concerns, including the disproportionate burden on private-sector employees, the potential for layoffs, and the government's responsibility for Bulgaria's financial future.
Key Points:
Simeon Dyankov's warning of a 2027 fiscal crisis in Bulgaria
Impact of social security hikes on private-sector jobs
Chaotic budget management and political blame game
Potential for excessive deficit procedure by the European Commission
Analysis of the current coalition's fiscal policies