Macroeconomic Monitor
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2016

ECB at war with cash

The ECB’s Governing Council has decided to abolish the 500-euro note, it was announced on February 15. It is the second most widely used denomination after the 50-euro note. It also accounts for 30% of the value of physical euro banknotes in circulation. Why is this move important and what are the effects? …

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Why I can't support Irina Bokova for UN Secretary-General

Bulgaria has made official the candidacy of Irina Bokova for UN Secretary-General. Naturally, this has caused a storm of reactions, both of joy, pride and patriotism, and of distrust and disappointment towards the government. In the following lines I will try to explain why my personal opinion is that Bulgaria should not have nominated Ms. …

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Sasho Simov, income and difficult statistics

Earlier this week, the Institute for Market Economics (IME) presented its detailed study of income inequality in Bulgaria to the public – “Poverty Cuts - Education and Employment as Factors for the Income and Happiness Curve in Bulgaria”. The study is a continuation of IME’s long-standing interest in the field – …

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Memory of the Victims - Hristo Hristov's New Project

The famous journalist and researcher of communism in Bulgaria, Hristo Hristov, presented his new project – a website that collects stories and information about the victims of the regime from 1944 to 1989. The launch was given at a special press conference at the BTA press club, where descendants of the victims, living witnesses, journalists and friends of …

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Our country can be a leader. But does the state want it?

The news about the sale of 5 electric buses to the Bulgarian-Israeli company Chariot Motors in Belgrade did not find a place in the media flow in Bulgaria. In Serbia, on the other hand, they are ecstatic: "Belgrade will be the first capital in Europe to have an entire bus line with only electric buses," said Mayor Borko Milosavljevic. This …

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A Reformer's Views on Right-Wing Politics: Part 2

DSB Chairman Radan Kanev announced a few days ago that he is preparing to create a new right-wing political project. According to Kanev, the Reformist Bloc has exhausted its potential, deviated from the right-wing idea and failed in its set goals. That is why he needs a new party to take his place …

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Kristalina - ready for a global bureaucrat at the UN

In 2000, the UN presented its “Millennium Development Goals,” an ambitious program that should show what humanity should strive for in order to improve life on the planet at the beginning of the new millennium. One of the main goals of the international organization is to reduce the world population living in extreme poverty …

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