The German voter punished the two largest parties in the elections. A phenomenon like the so-called "Jamaica" coalition has never happened at the national level before. This was commented by economist Georgi Zayakov on the Investbook show on Bloomberg TV Bulgaria with host Dimitar Vuchev. "It will lead us to the fact that Germany will have a tax cut. The country is really going to …
More »The landing of Air Berlin
This article was originally published by the newspaper "Trud" Author: Georgi Zayakov On Tuesday (August 15), the second largest airline in Germany, Air Berlin, entered bankruptcy proceedings. Since 2008, with one exception, the company has been accumulating losses and debts. The past 2016 was also associated with …
More »The Google fine – a blow to the end user and small businesses
Author: Georgi Zayakov On June 27, the European Commission (EC) imposed an unprecedented fine of 2.4 billion euros on Alphabet, the parent company of internet giant Google. The reason – according to the EC, Google’s search engine favors its own platform “Google Shopping” and harms smaller independent shopping platforms, pushing them significantly further back in the results (often even …
More »The myth “Bulgaria will get better when politicians start listening to the people”. Part Three: More examples and conclusions
V. Privatization and concessioning of state and municipal property: This last article brings together several subtopics. What they have in common is that they are systems that are an example of inefficiency and are on the verge of collapse, but there can be no question of taking radical measures to solve the problems, …
More »Guest article: The myth “Bulgaria will get better when politicians start listening to the People”. Part two: What happens when politicians actually listen to the “People”:
The first part examined the incentives driving the behavior of politicians and the "People" and at the same time questioned the idea that the "People" is a homogeneous body that thinks and acts alike. The second part will focus on several policies that have been on the agenda in recent years and were imposed with the argument that ...
More »The myth “Bulgaria will get better when politicians start listening to the People.” Part One: Who is “the People”?
Georgi Zayakov One of the most frequently repeated mythologies during the transition is that Bulgaria will recover only when politicians start listening to what "the People" tell them. Nostalgic people, for example, are dying to sculpt the image of Todor Zhivkov as a great politician, because he was the only one who listened to the people's wishes. And …
More »Guest Comment: To Die for the State
I read Evgeniy Dainov's article "Will you fight for your homeland?", in which he is outraged that most of his students have no desire to fight against foreign invaders. Leaving the "Left" and the "Right" aside, I recall what a Macedonian told me about a year ago: - "There is a difference between homeland ...
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EKIP– Expert Club for Economics and Politics A Different Opinion