Macroeconomic Monitor
Начало / Икономика (страница 19)

Economy

The right decision of the President of Uzbekistan

Author: Yaroslav Romanchuk A common criticism of libertarians is that instead of offering innovations, solutions, and concrete projects, they direct all their efforts to discredit power and the status quo. For supporters of freedom, it is of utmost importance that the world understands that this criticism is unfounded. And we can do this by promoting working …

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More questions than solutions

More than a week ago, a draft amendment to the Law on Medicinal Products in Human Medicine (LMHPHM) was published on the website of the Ministry of Health. In addition to the changes to the law itself, the transitional and final provisions of the draft make adjustments to 10 other laws related to healthcare. A similar case was …

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Ottoman paper money as an Italian mini-VOT. A historical parallel.

Author: Hristiyan Atanasov About a month ago, The Wall Street Journal published an article explaining the intentions of the Eurosceptic parts of the Italian political sector to issue mini-bonds (mini-BOT from Buoni Ordinari del Tesoro – i.e. lit. “small ordinary treasury bonds”) with a face value of €50[1], according to other sources €100. The idea of …

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The Brickell Paradox - More Soot, More Subsidies

Author: Vladislav Panev Bulgarian energy is the sector with the least real market and the only way to explain the processes in it is with a strong influence of the backstage. Varna TPP, for example, was an absolutely unnecessary asset while it was owned by CEZ. After the Czechs sold it to the former minister Danail Papazov (later he went …

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Why should we NOT raise dividend tax?

dividend tax

Last week, the Confederation of Bulgarian Trade Unions (CITUB) announced a proposal for restructuring the tax system in Bulgaria, which includes 9 measures for “fairer” taxation. Of course, coming from their side, “fairness” means an increase in the tax burden. The unions are proposing a number of reforms to the system, most of which are the introduction of new and increases in old taxes – …

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The illusions of a "wealth" tax

Last week, the largest trade union organization in Bulgaria, the Confederation of Bulgarian Trade Unions (KITUB), publicly presented a proposal for a comprehensive tax reform. Among the many points put forward by the union, two measures stood out as the main pillars of the reform – the introduction of a non-taxable minimum for income tax and the creation of a new "wealth" tax to be imposed on …

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What should we expect from the ECB led by Christine Lagarde?

After three days of secret meetings and pledges in Brussels, European Union leaders emerged from the conference rooms with consensus candidates for the most important political posts in the bloc. The biggest surprise of the four nominations is that of current IMF chief Christine Lagarde, who is set to succeed Mario Draghi as ECB president. Although …

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EKIP in the media about VAT differentiation and pension increases

The activity of the experts from the EKIP continues in June with participation in media discussions related to reforms in the pension system and healthcare, the proposal to reduce VAT, entry into ERM II, legalization of marijuana, etc. The topic that most excited the public during the month was the proposal of the MRF to reduce …

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Banished medicines

This year's budget for medicines in Bulgaria amounts to 1.2 billion leva, forming a quarter of the total healthcare budget of the National Health Insurance Fund. However, our market still lacks certain medicines that are easily accessible in the European market. The lack of these medicines, as well as the abuses on this market, are mainly due to …

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