Macroeconomic Monitor
Start / 2021

2021

A chance encounter with Alexander Solzhenitsyn or two shades of political incorrectness

Solzhenitsyn

A Bulgarian translation of the novel "In the First Circle" by Aleksandr Solzhenitsyn (1918-2008) was recently published. The story is based on his life experience and concerns one of the so-called sharashkas - secret Soviet camps where imprisoned scientists worked on intelligence or military projects. The disappointment of ...

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Three "Hurray!" in the National Assembly

Emotions and feelings inevitably have an impact on the overall socio-political and economic life. It is especially strong in decisive historical moments. This justifies the interest in them. The main questions that will be answered in this text are: when and under what conditions has political life in Bulgaria caused joy, delight …

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The new cabinet set the political realignment in motion

The four-party government has already been formed and communication about the government’s priorities is in full swing. Not only do we know what has been agreed upon by the coordination groups in the mall[1], but we are also listening attentively to the first moves of the new ministers. What we hear immediately points us to the ongoing process of political realignment, in which …

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What is Bitcoin Part III: Electronic Cash and Blockchain

Author: Stilgar This is the third part of our series "What is Bitcoin?". You can read the previous part, which explains the cryptography behind cryptocurrencies, here. Suppose we want to make electronic cash and we are armed with cryptography. The first, most natural idea is to have a bank and everyone has an account there. With …

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A Bulgarian attempt at vaccine development

In the footsteps of a politically useless past The politically useless past is ugly and does not inspire national pride or enthusiasm among voters. That is why it is left to rest in peace in archives and libraries. When told meaningfully and honestly, it functions as a vaccine against social diseases such as populism, demagogy, corruption, use …

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The 4 wrong arguments for increasing the maximum social security income

The date is 08.03.2019. The then businessman - Mr. Asen Vassilev, publicly claims that the effective tax on a salary of 3,000 leva in Bulgaria is nearly 50%. In this calculation, Mr. Asen Vassilev also adds the social security contributions due with the clear understanding that this money is being spent on "one big theft, garnished with ...

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Why the maximum social security income should not be raised

This weekend, the negotiations for a government between "We Continue the Change", "There Is Such a People", "Democratic Bulgaria" and the "Bulgarian Socialist Party" ended. Or at least the public part of them ended - the one that was broadcast live on the Internet. From what we saw, the negotiations generally went in relative harmony between the positions of the individual parties. Some …

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How to survive DSB

"As long as the right is led by Boyko Borisov, it has no chance to rise" ~ Ivan Kostov A threat of institutional death has loomed over all possible coalition partners of the new leading force in the person of "We Continue the Change". Slavi Trifonov's people are pushed into a corner by their political failures and contradictions. The Socialists must ...

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