Today, the Bulgarian Socialist Party (BSP) accused the government of manipulating official statistical data on the country's current account, and hence - on the gross domestic product (GDP). The BSP's claim is that in practice one of the main components of GDP - net exports - was overstated in the 2019 data because ...
More »2020.02
Why do I support the additional tax for programmers?
Hello, my name is Mitko Saitov and I am a programmer. I decided to respond to Tancho Gargov's comment regarding the proposal for an additional tax for programmers. Nobody eats software? Tancho, you are absolutely right. I am a programmer myself and have some experience in my profession. In recent years, I have been …
More »A call for the security and future of our money and savings
You can support this call by signing our petition at this link. You can download this call as a separate document at this link. The currency board and the stability of the leva provided the basis for everything we have managed to build in the economic field in Bulgaria over the past 23 years. For this …
More »The ECB is inflating a dangerous bubble in the eurozone's sovereign debt
This week, Greek government debt yields fell to record lows. The yield on the country's 10-year government bond fell below 1% for the first time in history on Wednesday, and later fell below 0.9%. This is a particularly significant development, given that Greece is the country that has been …
More »3. Architecture, modernism and how to preserve our heritage (with Vasil Makarinov)
Stoyan Panchev talks to Vasil Makarinov from the Architectural Modernism Foundation. You will be able to hear about the history of Sofia, how its appearance came about, what lies behind the past of some interesting buildings from all over the country, how history is preserved, what work the guys from Architectural Modernism do to …
More »How badly is the global economy being hit by the coronavirus?
The epidemic in China has caused an almost historic slowdown in global trade in recent weeks. In Europe, the most directly affected are the large economies such as Germany, France and Italy. Italy and France recorded a decline in GDP at the end of 2019, while the total GDP of the euro area rose by only 0.1%. The situation may …
More »From Paris with love: What does Macron's turn towards Russia mean?
On Monday, during his visit to Poland, French President Emmanuel Macron made statements that scandalized the Bulgarian public. Macron said bluntly that the admission of Bulgaria and Romania to the European Union was "hasty", thereby directly questioning our place in the so-called European community. Let's not …
More »No, Mr. Borisov, the euro is not a guarantee of banking stability
In the debates that erupted this week over the dangerous amendment to the BNB Law, the authorities were forced to launch into a desperate defense of the current political course towards the fastest possible membership in the eurozone. One of these desperate defenses was the claim made by Prime Minister Boyko Borisov that joining the eurozone would …
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EKIP– Expert Club for Economics and Politics A Different Opinion