Economic and fiscal policy

On 31.10.2018, the National Assembly (“NA”)[i] submitted a Bill to supplement the Consumer Protection Act from a group of MPs from the United Patriots group, which gained wide popularity on social networks under the name “The Law on Surcharges”. Following Valeri Simeonov’s statements about children with disabilities and their mothers …

This article is an excerpt from the new report of the EKIP on urban planning policy in Sofia, authored by Georgi Vuldjev and Teodor Karakolev, which will be officially published on 06.11.2018. In recent years in Sofia, we have been lucky enough to observe a visual comparative experiment between two approaches to attracting more investment, stimulating …

Did you know that the 2019 Budget of our country includes a higher deficit than that of Portugal, which was in a fiscal crisis a few years ago? The 2019 Budget was officially published on the website of the Ministry of Finance this Monday, and unfortunately, once again the government focuses on higher spending without structural reforms, …

The direction of his argument may be wrong, but not his substance. Italy has really been infuriating Europe lately. The populist government, led by the outside-the-box Five Star Party of comedian-turned-politician Luigi Di Maio and Matteo Salvini’s Northern League, has announced it will publish a 2019 budget with a deficit …

His comments about the vulnerability of the US Treasury to service its debts due to the Fed sent the yield on 10-year US government bonds to a seven-year high. On Wednesday, US indices had their worst session since February. Then, in one day, the index of blue chips, or the largest US corporations, the Dow Jones erased …

The month was marked by the extremely high activity of our health economist Arkadi Sharkov in the media. Currently, a deep public debate is underway in our country regarding the problems in the healthcare system and the necessary reforms that can solve them. Sharkov and others took an active part in this debate in all possible ways …

They save the capital invested in emotionally charged, unfunded projects like yours by liquidating it in time before it depreciates. The tech messiah has struck again. Last Friday, Tesla CEO Elon Musk decided to play smart and pour fire and brimstone on Twitter at the financial markets regulator in …

(This article is a summary of the ECT proposal to abolish corporate tax on retained earnings in Bulgaria and the analysis of the potential effects of such a reform. The full text of the report on the topic can be read here.) In recent years, the debate on corporate tax, its optimal level and the resulting …

Over the past week or two, the main topic that has been worrying the Bulgarian public is the expected increase in bread prices during the winter season, due to the poor harvest this year and the increase in gas prices. Although this increase is due to completely objective economic realities that cannot be changed at the moment, and …

Industrialization is one of the visible dimensions of the economic and social modernization experienced by developed capitalist societies in the 19th century. The process of the emergence of industrial structures is a complex result of relative spiritual, economic and scientific freedom, security of private property and appropriate institutional structure. Communists put industrialization among their main economic …