In last week's article, I presented an analysis of the state of the Bulgarian economy and public finances according to the most recent data from the National Statistical Institute and the Ministry of Finance. The situation, as we have seen, is not at all rosy. Long-term investments have collapsed, private consumption is also starting to weaken, and the negative contribution of net exports to …
More »2022.10
The Bulgarian economy is heading towards a crisis for which the state budget is not prepared
As the winter season approaches, the economic outlook is becoming increasingly bleak, both for Bulgaria and for the whole of Europe. Data shows that gas storage facilities in the European Union are filled to relatively satisfactory levels and natural gas prices have started to decline. However, recession seems inevitable in a number of key European economies, led by …
More »Joe in Pennsylvania milks milk and extracts shale gas from under the cow. He exports both to Europe – are we stupid?
Author: Boyan Nikolaev A few weeks after Mike Pompeo's visit to Bulgaria, we talked about his figure and messages with colleagues from the American university where I work. Most of them are lecturers and professors of arts and logically with more left-wing and more liberal views, naturally sympathetic to the Democrats. Accordingly, the mood towards …
More »The price of "free"
There are hardly many people who would not accept free consumption of goods or services. However, free should be in quotes, because someone always pays the price in some form. It does not have to be paid in money, it is possible that those who consume do not realize that they are paying, it is possible …
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EKIP– Expert Club for Economics and Politics A Different Opinion