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Bread will not be from BGN 1 to EUR 1 upon entering the Eurozone.

This has not happened in any of the countries that are part of the Eurozone.

Nowhere has entry into the eurozone caused a significant tangible inflation process.

This is what the financier Emil Harsev said in an interview for the "Live Day" program on Nova News.

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According to him, the idea that the state will compensate someone's income is harmful for everyone. "The budget cannot feed the nation.

The idea that the state will compensate someone's income is harmful to everyone.

The idea is to massively compensate for the increased cost of energy and fuels.

This is deeply wrong.

The state must take care of those who are unable to feed themselves, "he said.

Hursev also explained that the rise in prices is always in favor of the budget.

"The growth of the Bulgarian economy has long been independent of the budget.

There is no more than 10% share of public procurement in GDP, even in the best years.

Probably now this share will decrease.

No new tenders are announced.

GDP is also growing in real terms.

Exports are growing.

Extremely good prices for the main export industries of Bulgaria.

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Hursev explained that the average consumer suffers from a significant slowdown in income growth.

He predicts that stagflation will not occur.

"Stagflation means that production is declining and market prices are rising.

And without import inflation, we have enough potential for price increases.

Stagnation I deeply doubt that we will survive to get stagflation.

There is a moment of declining industrial production in many countries that have foreign trade relations with Russia.

Bulgaria does not show such a huge dependence.

A huge part of Bulgarian exports is west and south, "said the financier.

Emil Harsev