Macroeconomic Monitor
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2012.08

The "umbilical cord" of Bulgarian energy*

While we hope for miracles in the form of domestic gas and oil production, we can alleviate the situation of our energy companies. For starters, it would be good to privatize NEK and Bulgargaz in order to optimize costs and pour investments into the sector.

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The eternal debate: state or private property

According to some economists, the more property the state controls, the better. That is, they argue that socialism leads to the most economically efficient results. Others are of the opposite position - if there is a need for any state intervention in the economy at all, it should be minimal. These opposing views are on both sides ...

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What should we expect from the state?

The main requirement for the state is to be an impartial machine, whose driving force is the legal framework. The possibilities of state intervention must be strictly defined, and its perimeter of action - limited.

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