If you have been following the media in recent days, you have no way of not having come across the extremely high-profile story surrounding the latest ruling of the Commission for the Protection of Competition (CPC). A ruling that represents a very dangerous precedent that, instead of "protecting" competition, actually tramples on it and threatens the interests of consumers. Let's briefly discuss what ...

Budget 2018 is in fact just a worse version of Budget 2017. The government continues with the same vicious practices of higher spending in the absence of structural reforms and increases in the tax burden, which will worsen the business environment and hit the incomes of workers. And, of course, the biggest disappointment of …

The 2018 draft budget is a worse remix of the 2017 budget, which itself was pretty bad. So, the 2018 budget is downright tragic, in my opinion. This was said by economist Georgi Vuldzhev, from the Expert Club for Economics and Politics (EKIP), on the Boom & Bust show on Bloomberg TV Bulgaria with hosts Vladimir Sirkarov and Kuzman …

A week ago, it was exactly 30 years since one of the biggest one-day crashes in financial markets in human history – the so-called "Black Monday". On October 19, 1987, stock exchanges around the world lost a huge percentage of their capitalization in just a few hours. By the end of the month, the markets …

Highlights: - With pre-crisis employment levels reaching new lows, labor shortages are becoming increasingly serious in some sectors - Building construction growth continues to pull ahead, most likely due to inflation in property prices - Inflation continues to accelerate in late summer and reaches …

Earlier this week I had the (un)pleasure of participating together with the most famous vegan in Bulgaria – Nikola Donev – in "The Hour of Milen Tsvetkov" on Nova TV. The specific topic of the participation was the destruction of the barbecues in Lauta Park in Plovdiv, most likely by vegans, judging by the signs "Meat is murder" and "Meat is …

On October 10, 1977, the National High School for Ancient Languages and Cultures (NGDEK) "Constantine-Cyril the Philosopher" was opened by the Committee for Culture in Sofia. The high school was opened mainly thanks to the then advocacy of Professor Alexander Fol and Lyudmila Zhivkova. The founding of NGDEK practically marked the revival of classical education in modern …

On October 9, 2002, in its annual report, the European Commission recognized Bulgaria as a country with a functioning market economy. According to the EC's assessment, Bulgaria's progress in economic terms strengthened its position in the negotiations for membership in the European Union. Mainly thanks to this progress, five years later, in 2007 …

Yesterday, the Minister of Labor and Social Policy Biser Petkov announced that the minimum social security income (MSI) for 2018 will be increased by 3.9%. Once again, such an increase in the social security thresholds is being undertaken with the explicit DISapproval of employers and even their refusal to participate in the negotiations for the determination of these …

Highlights: - Higher inflation in both manufactured and consumer goods for the first time since April - In the industrial sector, this is mainly due to higher inflation in energy products - Retail trade continues to grow at a high and stable pace, which slowed slightly in …