About 10 days ago, it became clear to the general public that the government would issue new external debt worth 8.1 billion euros (16 billion leva) in the form of bonds within the period 2015-2017. This news polarized commentators and the public into two camps: defenders of the debt (mainly "right-wing" analysts and ...

At the end of last year, the ruling coalition, led by the right-wing (in words) GERB party, introduced changes to the pension insurance law, which are not just not a step in the right direction, but a leap in the exact opposite. Due to the great economic importance of the negative reform, it is important to highlight some …

7. As a result of the previous two consequences, society as a whole becomes more divided and hostile. It begins to resemble a true community less and less. Instead, society divides into aggressively minded groups, with some groups viewing others as oppressors. People lose their sense of belonging to a community, …

Even today, the thesis continues to exist that Bulgaria's economy flourished in the period 1945-1990. And even that Todor Zhivkov's rule was positive, as a recent study indicates. In this article, we will examine some statistical, historical and economic sources to see if this is so. The bankruptcy …

After analyzing in our previous article what public projects were funded during the summer, here we will focus exclusively on the projects launched, financed with money from European grants during the months of June, July and August. Overview During the months of June, July and August, 311 projects were launched with …

Mark Thornton Most thoughtful parents today rarely allow their children to be left unattended, especially in public. Parental care begins with a wireless baby monitor in the child's crib and then continues with a constant connection by cell phone until the child graduates from high school. This is what makes the reports …

Although the BSP has not been in power for some time, the party spirit and "social" sentiments continue to hover in the corridors of power. Further proof of this is the actions of the acting Minister of Social Affairs, Yordan Hristoskov. A few weeks ago, he warned that if unions and employers do not agree on an increase ...

At the very end of last week, the results of a study commissioned by the Ministry of Labor and Social Policy and conducted by the Bulgarian Academy of Sciences were published, which concluded that: "Minimum social security income (MSI) and the minimum wage (MW) do not negatively affect employment and do not reduce it." These are ...

In the first part of the series on the anti-market actions of the cabinet formed in the last parliament by the three parties (BSP, DPS and Ataka), we examined some of their harmful decisions and actions, including the increase in debt, measures against ERPs, the increase and maintenance of risk in the business environment, populist actions, such as the increase …

Oliver Mark Hartwich For Germans, July 8th was a good day. Not just because it was this author's birthday or because of Germany's pleasant 7-1 victory over Brazil in the World Cup, but also because this year, it is Tax Freedom Day. …