Sofia is a city of contradictions. Our capital has some of the largest separate parks in Europe, it is located in close proximity to a natural park, but despite this, the city's residents regularly express dissatisfaction with the lack of green spaces. To understand what this paradox is due to, we cannot …
More »2019
EKIP in the media about the cap on cash payments and the coming recession
Media appearances in August covered the presentation of our new study against the restriction of cash payments, healthcare, is a new economic recession coming, and the accuracy of drug tests used by the traffic police. The latest economic analysis of the EKIP - "Regulations on cash payments and their effects" presents evidence that ...
More »Industrial production decline eases in July
(Click on the infographic for a larger size) Data source: NSI Comment: The latest NSI data show that industrial production continued to decline in July, but at a slower pace compared to June. This slowdown is due to a combination of factors. First of all, production in the extractive industry is recovering …
More »Selected quotes by Vladimir Ilyich Lenin on the occasion of September 9
On January 21, 1924, Vladimir Ulyanov (Lenin), the ideological inspirer of the October Revolution of 1917 and the first leader of the Soviet Union, died. In the years after his death, a real cult of his personality was created. His body lies in the center of Moscow to this day as a symbol of an entire era. Here …
More »It's time to remove the cap on cash payments
Two years after the last attempt to remove the cap on cash payments, it is time to raise the topic again. But this time, not to remove it, but to increase it, or better yet, to remove it completely. The Expert Club for Economics and Politics recently published a report, …
More »Precious metals and bonds make impressive gains in August
As a result of these developments, alternative investment strategies such as the "Permanent Portfolio" performed quite well. The average yield of Universal Pension Funds in Bulgaria remained relatively stable. Bitcoin suffered a relatively bad month, despite its widespread perception as a "safe haven asset". The yield curve remained inverted in the US - how long will it …
More »22. Innovation for real estate market analysis (with guest Georgi Demirev)
0:22 – Introduction to the topics in the episode and special guest Georgi Demirev, founder of ocenime.bg, a site for analyzing the real estate market in Bulgaria. 02:27 – Financial news from Bulgaria 13:26 – Macro and Markets 22:25 – Fintech and alternative investments 31:27 – Interview with Georgi Demirev 31:41 - …
More »Almanac of Government Tyranny
The almanac will be a kind of collection and compendium of every government measure that violates, takes away, limits the freedoms of Bulgarian citizens. With this publication, we aim to keep our audience informed about all the restrictions on their freedoms that the government imposes. We will add new cases as soon as they are published in the State Gazette and will …
More »Cash Payment Regulations and Their Effects
| Full text of the analysis | A number of proven patterns in economic science indicate that restricting cash payments would not have a significant effect on the size of the shadow economy. The latest report by the European Commission on the effectiveness of restrictions on cash payments in the European Union unequivocally confirms that …
More »How did the first bankruptcy of the People's Republic of Bulgaria occur?
Mass industrialization under central planning In his memoirs published after the fall of the Bulgarian Communist Party regime, Todor Zhivkov wrote that his government returned the gold reserve back to Bulgaria. This is perhaps one of the most notorious lies of the communist dictator. Contrary to Zhivkov's claims, in the 1960s …
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EKIP– Expert Club for Economics and Politics A Different Opinion