Extremely quickly and without almost any in-depth discussions, the 2020 Budget was adopted on first reading this week. We cannot help but be left with the impression that the budget for next year was very much overrun. And it shouldn't be, especially considering that this year the economic …

Author: György Matolcsy, Governor of the Central Bank of Hungary It is time to find a way out of the euro trap. There is a harmful dogma that the euro is the "natural" next step towards the unification of Western Europe. But the common European currency was not natural at all, because almost none of the conditions for its establishment were …

0:24 – Introduction to the topics in the episode and guest Nikolay Vassilev, Managing Partner at Expat Capital, former Deputy Prime Minister of Bulgaria. 02:00 – News from Bulgaria 16:45 – Macro and Markets 25:45 – Fintech news 34:20 – Interview with Nikolay Vassilev 35:50 – Why after a career in investment banking and …

This week, the Council of Ministers approved the draft law on the state budget for 2020. It was announced by Finance Minister Vladislav Goranov as realistic, balanced and without surprises. Indeed, “without surprises” is an accurate definition – Budget 2020 carries the spirit of the same policy as in the preparation of the previous ones. But, fortunately, for …

Author: Georgi Georgiev The topic of the forcible seizure of property in the form of various taxes and levies is key to libertarianism (“taxes are theft”). If we take into account the skeptical attitude towards the way tax revenues are spent by most modern Bulgarians and the actions aimed at avoiding taxation, then the majority …

Author: Hristiyan Atanasov Money has always attracted attention. Everyone wants to own it, control it, and especially have the right to produce it. Having arisen spontaneously to facilitate market exchange, it quickly becomes the darling of the political authorities, which try to monopolize it. The reason is more than clear…

A year ago, we published the report "Urban Planning Policy in Sofia: Recommendations for Reform", in which we proposed the introduction of a "Congestion" fee as a measure to address traffic problems in the capital. Simply put, a congestion fee is a fee that all cars must pay to enter the busiest city areas, especially in ...

The lagging behind of most regions in the country compared to the major economic centers and the need for fiscal decentralization are topics that have been discussed for decades. Everyone knows that there is a problem and something needs to be done about it if we do not want Bulgaria to turn into a semi-desert with only a few large cities that …

Full text of the statement As you know, one of the very first battles of EKIP and BLO is precisely that for a more meaningful and fair drug policy in Bulgaria. Our country continues to top the charts for both the strictest drug laws and the highest use among children and youth. That is why our cause Liberty 420 has been …

To Mr. Krasen Kralev, To Mr. Borislav Mihaylov, To prime ministers, popes, patriarchs, To media, journalists, oligarchs, To the proud, sleeping Bulgarian people. After an evening like this one on Monday, words come more difficult than sleep. Once again we have seen how sport can reflect the state of an entire country. Is it …