Macroeconomic Monitor

2017.10.19

Signal to the EC regarding the restriction of cash payments

| Full text of the opinion | Dear readers, as you know from the EQUIP, we are strictly monitoring and opposing the attempts of the Ministry of Finance to push through yet another restriction on cash payments by reducing the allowable limit for such transactions to a maximum of 5,000 leva - a proposal that is part of a draft law...

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History of Capitalism in Bulgaria Part I - The Birth

capitalism in Bulgaria

Capitalism in Bulgaria emerged during the Ottoman rule and as a natural effect of the widespread losses of the Ottoman Empire in the various wars and uprisings against it during this period. After several key losses such as the Serbian Uprising and the Greek Revolution, the empire had to implement reforms concerning the army...

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