"Waiting for Godot" is a popular play by Samuel Beckett in which nothing happens. Two tramps wait for a certain Godot who never comes. Waiting for someone and/or something that never comes is an apt metaphor for the relationship between rulers and society. Politicians and bureaucrats are …
More »2021
The issue of the national currency cannot be resolved behind closed doors
Stoyan Panchev's interview with Trud newspaper: The early parliamentary elections were marked by low interest and minimal surprises in the results. No party won outright. No potential coalition was given enough room for action. Slavi Trifonov's party presented a draft cabinet, thus leaving potential partners …
More »Left right
Different views on the (re)organization of society are promoted with different labels. Probably the most widely used are left and right. They should briefly explain the essence of proposed reforms and policies, and help identify the political opponent. In this text we will read the views of a Bulgarian “right” from the 1930s and early …
More »Why the eurozone isn't working
Amidst the enthusiasm for the investigation into the irregularities of the previous administration, the caretaker government of Stefan Yanev has approved a plan for Bulgaria to join the eurozone. This is a puzzling move, because this plan is largely inherited from the previous government, whose abuses in other areas the current caretaker cabinet appointed by …
More »The march towards the eurozone and the price we will pay
Author: Stefan Antonov On July 10 (the day before the elections) it will be one year since Bulgaria and Croatia were admitted to the waiting room of the eurozone and the banking union. GERB's decision to push in this direction became a fact despite legitimate and well-founded concerns that the state was taking unacceptable risks. The period since its …
More »Why is the ECB silent about the BDB?
The ECB is silent about the BDB. We have sent a request for all documents on the case. As we have already written, Bulgaria has been a member of the Banking Union for 9 months now. A key element of the BS is the so-called Single Supervisory Mechanism. Supporters of the eurozone promised that banking supervision in the hands of the ECB would correct the problems in …
More »If Boyko Borisov is not a communist, then no one is
"I was a young lieutenant in the fire department back then. They mobilized us and sent us to Dulovo. Hundreds of thousands of Bulgarian citizens and Bulgarian Muslims were expelled by this same communist party, now called socialist. And I don't know how our opponents from the MRF accept to form a coalition with the former communists, who are not ...
More »Capitalism with a human face
In his book "Capitalism, Socialism and Democracy", the economist Joseph Alois Schumpeter (1853-1950) argued that capitalism is an evolutionary and dynamic system. The main impulse that causes evolution and dynamism comes from the supply of new consumer goods, new methods of production or transport, new markets and new organizational forms of enterprises, ...
More »Letter from the EKIP to the President regarding the process of joining the eurozone
On 22.06.2021, the EQUIP sent a letter addressed to the President, the Prime Minister, the Minister of Finance and the Minister of Economy. Addressing President Radev directly, we called for a careful assessment of the potential risks for Bulgaria related to the possible accession to the eurozone. To this day, institutions such as the Ministry of Finance …
More »In the beginning was the division...
...between those at the state table and everyone else. The restoration of Bulgarian statehood in 1878 marked the beginning of a deep class division in the Bulgarian nation. From the very first days and months of the Third Bulgarian State, two classes quickly and spontaneously formed. One can be conditionally defined as taxpayers, and the other ...
More »
EKIP– Expert Club for Economics and Politics A Different Opinion