Today, the Bulgarian parliament approved the government's budget update proposal in first reading. The bill envisages an increase in the deficit from the current 1.3%/GDP to 2%/GDP and raising the ceiling for issuing new debt in the current year from 2 billion leva to 3 billion leva. It is clear to everyone that only …
More »2013
Guest article: Was it an intervention – describe it?
Do you remember "Tsar" - that famous strategy game from our childhood, in which the European race faced off with its fearsome stone giants, the Arab race with its magicians who struck down opponents with a rain of fire, and the Asian race with its agile horse samurai? If I had enough funds, I would create a new version in which ...
More »Tread carefully in the fog of the Syrian war
In the film, "Let the Dogs Bark," Robert De Niro plays Conrad Breen, an expert in manipulating the American press and politics. He helps the American president, two weeks before the election, reverse the negative image he has created by starting a war with...Albania. By inventing an entire media campaign covering the war, ...
More »Guest article: NHIF and the much-needed decentralization
Like any other state monopoly, the one in the healthcare sector has been conspicuous for years with its inefficiency, but at the same time, no government has ever undertaken the necessary reforms to decentralize it. The result of the lack of change is clear - an increasingly deteriorating quality of services, reflected mostly in …
More »7 reasons not to go to war in Syria
1. The war in Syria has become civil, religious and other minorities are clashing – atrocities are on both sides. There is no “good cause” to defend. Innocents will die on both sides.
More »Statistics – the government's Achilles heel*
Today we truly live in the Age of Statistics. In a country and an era in which statistics are revered as “scientific” and as offering the key to all knowledge, and in which vast amounts of data of all kinds and forms are showered upon us. Most of it from the government.
More »What is happening in the financial markets in Asia?
The past few days have seen severe financial market turbulence in most of the developing countries in Asia. In India, the situation has begun to be compared to the financial crisis of 1991, while in Indonesia, parallels are being drawn with the Asian crisis of 1997.
More »The delegated budget and the Bulgarian teacher smiling for no reason
One of the most frequently repeated refrains from the Bulgarian teachers' union is that the amount of funds that Bulgaria allocates for education is too small. It is true that the Bulgarian state's spending on education as a share of GDP is the lowest in the EU, but this fact in itself is not …
More »Amendments to the Electoral Code
As the seventieth day of #DANSwithme approaches, many observers and especially opponents of the protests are increasingly raising the topic of the demands, goals, and proposals of those who came out to oppose the government. It can be said that this question is to some extent justified – from a political …
More »A bubbled recovery – part 2: The UK property bubble
After telling you in the first part of the series of articles about the bubbled recovery of the global economy how the loose monetary policy of major central banks creates the false impression that some of the major economies are on the path to recovery, in the second part I will focus on one specific bubble that manages to...
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EKIP– Expert Club for Economics and Politics A Different Opinion