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 …

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 ...

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 - ...

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 ...

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 …

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 …

|Full text of the analysis| The purpose of this analysis is to review and assess a specific part of the "Action Plan with measures addressing the main problem areas hindering the growth of investments", adopted by the Council of Ministers with the latest revision in 2019. And more precisely, a measure from this plan, relating to ...

| Full text of the analysis | According to data from the European Commission, Bulgaria ranks first in the number of smokers in the European Union. Despite a small decline in recent years, about 40% of the population still uses tobacco products. The socio-health and economic costs associated with their use are increasing annually, despite attempts to limit them …

Congratulations on your new (quasi-)state bank. At least 1/4 of it. As of yesterday, FIB is already practically 26% owned by the Republic of Bulgaria. In 2 weeks it will become official. The pornographic story has been played out, in which the former financial chief of FIB is appointed governor of the state-owned Bulgarian Development Bank, in order to pour …

The Rila Monastery will receive over half a million leva as a state subsidy, it became clear in news from early June. In typical government style, a sensitive and popular topic related to one of the most important sites in Bulgarian history and culture was immediately resolved through unclear procedures by Prime Minister Boyko Borissov. …