Economic and fiscal policy

Among the owners and managers of the largest beneficiaries of 60/40 are individuals such as Kiril Domuschiev, the wife of Tseko Minev, a former deputy and former mayor of GERB. In recent days, the most recent data from the National Social Insurance Institute on beneficiaries of state aid under Decree 55 of the Council of Ministers has made headlines. Decree 55 was adopted on …

Last week, we thoroughly refuted Prime Minister Borisov's claims about the alleged "benefits" of joining the ERM-II currency mechanism in the current crisis. Now we turn our attention to the other side of the coin - the potential risk that we would take if we joined the currency mechanism. The biggest risk is related to the banking system and is ...

In the last few weeks, the positions of the government, especially in the quasi-single-man rule of Prime Minister Borisov, have been more volatile than the weather. After in February he wisely abandoned the rush to join the so-called "waiting room" of the eurozone - the ERM-II exchange rate mechanism - Borisov turned 180 degrees and a few days ago ...

Yesterday it became clear that the Ministry of Agriculture and Food is considering a new regulation that will force stores in the country to sell only local (Bulgarian-made) products on at least 50% of their space. In addition, all stores will be obliged to purchase these goods only from producers located in their …

Yesterday (Wednesday, April 1) the government announced its desire to extend the state of emergency by another month until May 13. Alas, this was not an April Fool's joke. And judging by the statements made by government representatives, this means maintaining all currently in force quarantine and combat measures ...

The administration's inaction is stifling even that which could work... Everyone is discussing the taxpayers' money, which the government these days said it would return to some of them after collecting it from everyone. Both the discussion and the government's actions are normal - within some framework of public decency. No...

At a special counter-briefing on Sunday, Prime Minister Borissov, provoked by President Radev's statements and veto on the state of emergency law, commented on a range of topics of key importance beyond the pandemic that has hit the world. He made a kind of joke at opponents of joining the eurozone and defenders of the currency board, telling us …

After the purely health measures aimed at protecting the health of Bulgarian citizens in the current Covid-19 pandemic, the next package of measures that it will have to take are purely financial. The pandemic is causing huge economic damage, with Europe being the most affected, given the massive spread of the virus in some of the most fragile …

Today, the Bulgarian Socialist Party (BSP) accused the government of manipulating official statistical data on the country's current account, and hence - on the gross domestic product (GDP). The BSP's claim is that in practice one of the main components of GDP - net exports - was overstated in the 2019 data because ...

Hello, my name is Mitko Saitov and I am a programmer. I decided to respond to Tancho Gargov's comment regarding the proposal for an additional tax for programmers. Nobody eats software? Tancho, you are absolutely right. I am a programmer myself and have some experience in my profession. In recent years, I have been …