Bulgarians are the top pessimists in EU about their financial state next year 5Dec

Published by ValentinPetrov in Blog | Tagged , , , , ,

Bulgarians top EU pessimists

Bulgarian households along with those of seven other EU member states are with worst expectations about their financial situation in 2013, according to recent analysis by Eurostat. As  top pessimistic are ranked the Greeks with negative expectations of their financial future for the upcoming year of about 45 per cent.  They are followed by Hungary, Malta and Portugal. Bulgaria is ranked as fifth in this pessimistic group together with Lithuania and Italy, sharing the same level of pessimism of about 40 per cent.

Most optimistic about their financials next year are the citizens of Denmark, Norway and Luxembourg, where the level of pessimism is under 10 per cent. In the group of the biggest optimists are also Finland, England, Romania, Estonia and the Netherlands.

Households of Poland, Belgium, France, Germany, Czech Republic and the rest of EU member states are with moderate expectations of the financial future and are in the middle of the chart.

The analysis also shows that about 25 per cent of the EU citizens have financial problems as the situation for the period 2008-2010 became worse in 17 of the 27 member states of the EU.  Biggest  difference is recorded in Latvia and Estonia, while least affected from the financial crisis remain the residents of Norway, Switzerland, Iceland and Finland.

The economic situation in Bulgaria has been extremely unstable for the past twenty years and the Bulgarian has witnessed many governmental failures and mistakes. The corruption level is still to high as Bulgaria is ranked second among the most corrupted EU member states after Greece. All that makes it no surprise for the high level of pessimism among the Bulgarian population and it is most unlikely for the Bulgarian to regain his faith in near future referring to the present extremely difficult economic situation of the country.

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