The BNB's ambitious plan to save the banking system actually raised more questions than answers, and the end result was more confusion than relief. To top it all off, on July 14, the media reported the magic number of BGN 3.7 billion – the amount that would be needed to implement …

Iliya Lingorski* Yesterday, Sunday, June 29, we were reassured by our politicians that the crisis is over. Even that "there is no crisis." "Political parties and institutions declared their determination and readiness to provide the necessary resources and implement all necessary measures to guarantee banking stability in the country." the president said decisively ...

The Governor of the Bulgarian National Bank told the media today that Corporate Commercial Bank is not bankrupt. Not that we can expect another statement from an institution created to save banks from the effects of the credit expansion they generate, but we should note that there is some truth in his words. Without …

Plamen Oresharski's government is set to resign within a month. This means that the one-year rule of the coalition between the BSP and the MRF will soon come to an end. This has come after the announcement of the results of the European Parliament elections, which showed that the popularity of the BSP has decreased compared to a year ago.

In the middle of this week, the parliament adopted on second reading the amendments to the Labor Code regulating internships and legal relations between employers and interns studying with them. The amendments to the law aim to increase youth employment and improve the labor market. According to the new regulations, interns up to 29 years of age, …

If you're in a hurry to get from point A to point B, you're in Paris, and you have a smartphone at hand, you can use a mobile app to request a car to come to your service. But, for the sake of a fairer world, you'll have to wait at least 15 minutes before you can drive off. The French government …

This year is shaping up to be a very interesting one for global financial markets, but unlike the previous five, which focused on developed economies and their debt problems, attention is now shifting to the East. It's not that the West has managed to overcome its problems and is now confidently...

It's mid-January and the results of the university rankings are already out. While prospective students and their parents wait for the overloaded server to load where it would be best to enroll in the fall (in case they stay in Bulgaria), here we will offer them an alternative view of the ranking itself – how much …

Investors, libertarians and computer enthusiasts have a new topic to discuss and it is Bitcoin. The popularity of the online currency is growing in direct proportion to its price, which has quadrupled in two months. It is difficult to remain indifferent to what is happening, and that is why some, with undisguised optimism, see Bitcoin as the money of …

It seems that the BSP has again not understood exactly what the plan is (or as is fashionable lately – the supporting points). The reason for this observation is given by two of the ministers in the cabinet – Justice Minister Zinaida Zlatanova and Interior Minister Tsvetelin Yovchev. The subject of their misunderstanding is the draft for a new Criminal …