Macroeconomic Monitor
Начало / 2020 / юли

2020.07

The new social measures: Pointless and hindering recovery

Today, Prime Minister Borissov announced a new package of economic measures to combat the crisis worth 2 billion leva, with a strong emphasis on higher healthcare spending and social spending for pensioners and the unemployed. Although these social measures are not particularly large-scale in themselves, they signal a very wrong approach …

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GERB will leave as BSP because it has become BSP

GERB

Daniela Daritkova has probably had more pleasant Friday nights than last night. The chairwoman of the GERB parliamentary group was locked up for hours at BNT after her appearance on Panorama. In her appearance, she called for dialogue with the protesters, but a little later it turned out that there was a considerable gap between words and actions.

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Are we capable of qualitatively absorbing the new EU funding?

After hundreds of sips of coffee with "sugar", Prime Minister Borisov triumphantly returned to Sofia a few days ago and declared. The Prime Minister did not hesitate to boast that the negotiations on the European Recovery Fund and the next EU Budget ended with a definite success for Bulgaria and almost personally he ...

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Where and how did we get here?

Author: Dimitar Pehlivanov Three main directions can be outlined that caused the current social crisis, which is about to become political. Despite the fact that in the general perception things seem to merge under concepts such as "governance" and "mafia", the events of recent weeks and months allow us to outline ...

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In love with the leva

Author: Steve Hanke Earlier this year, we witnessed a dramatic slowdown in Bulgaria’s headlong rush to abandon the leva and adopt the euro. Prime Minister Boyko Borisov sensed that Bulgarian society was not in favor of being included in the European Monetary Mechanism ERM-II. The year 1997 was both the worst and the best …

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"Translation" of Prime Minister Borisov's briefing from yesterday

Author: Georgi Georgiev I will allow myself to make a "translated on air" of Borisov's "thoughts out loud" from yesterday. 1. He loves the state, he does not want it to collapse out of stupidity. Let it be understood: those in the square do not love the state and aim for destruction. This ...

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Danail Kirilov and the despair of being ruled by simpletons

Unless you live with your head buried on a beach, you can't help but notice the most talked-about topic of the last few days - the public "action" of the leader of Democratic Bulgaria Hristo Ivanov, in the luxurious property in Rosenets Park, which is said to belong to the well-known builder of modern Bulgaria - ...

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How far are we with the euro?

They ask me where we are with the euro. In the summer of 2018, Bulgaria made unilateral commitments to carry out a number of actions in several areas - as preconditions for our subsequent admission to ERM-2 and the Banking Union. And now everything has been reported as fulfilled. The Council of Ministers is holding a special meeting and ...

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Basic rules for postmodern checkmate

Recently, modern leftists around the world, including in our country, have been constantly testing the limits of our sense of humor, proposing increasingly exotic innovations in public life, with the aim of preventing racial and class injustice. In particular, the proposals for a chess reform, abolishing the rule that white pieces always go first, can be supplemented with …

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31. Markets at a Crossroads - Where Will They Go?

TEAM · 31. Markets at a Crossroads - Where Will They Go? In the new episode of The Intelligent Investor, we review the following topics: What does the stagnation of stock exchanges over the past month mean? Where will they go from here? Is there a possibility of another correction? What will the sensational speculation of financial …

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