Macroeconomic Monitor
Home / 2015 / January / 15

2015.01.15

Why should we pay 472 million to BDZ for ghost trains?

The topic of state railways has been a favorite political chewing gum since the very beginning of the transition. Especially considering the fact that the railway company (as a classic state enterprise) in its slow death has become a black hole for taxpayers' money. The annual state subsidy for passenger transportation with discounted tickets alone amounts to …

More »

Nationalization of funds in private pension funds. Some effects of changes in pension legislation

At the end of last year, the ruling coalition, led by the right-wing (in words) GERB party, introduced changes to the pension insurance law, which are not just not a step in the right direction, but a leap in the exact opposite. Due to the great economic importance of the negative reform, it is important to highlight some …

More »