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Bulgarian Industry Leader Sounds Alarm: EU Economy Falls Behind

Vasil Velev, Chair of the Bulgarian Industrial Capital Association (BICA), delivered a stark assessment of the European Union’s (EU) economic performance, highlighting concerns over its lackluster growth compared to global counterparts. Speaking at the “Resilient and Efficient Energy for a Future-proof and Secure Economy” forum, Velev expressed apprehension about the EU’s economic trajectory, citing recent trends and forecasts. Velev pointed to stagnant GDP growth in the EU, ranging between 0 and 1%, in contrast to more robust growth rates seen in other major economies….