Economy

The problem with private (mandatory) pension funds is that they don't make money. More precisely, they don't make money for their clients. They probably do for themselves, but the returns that people who insure themselves with them receive are almost non-existent or even negative. At least most of the time. This is a problem. Because …

In the penultimate month of the year, the Bulgarian media again actively sought the expertise of the authors of the EKIP. Particular attention was paid to the topic of “urban planning” on the occasion of the report “Urban Planning Policy in Sofia” published at the beginning of the month with recommendations for improving urban planning policy. The problems with parking were commented on by our chairman Stoyan …

Surprise? Or not? The state nevertheless introduced quotas for hiring people with disabilities. Now we are waiting to see what will happen. There will definitely be distortions in the market. Read my opinion on this in my previous article regarding quotas for people with disabilities. Here I will touch on other aspects of the topic, for which …

Author: Frank Shostak, Mises.org According to many mainstream economists, the lack of a strong correlation between money supply growth and growth in various price indices casts doubt on the theory that increases in the money supply are the main source of inflation. It is also argued that before 1990 there was a positive correlation between …

In this article, I intend to shock you. I hope to achieve this by telling you in plain language that our pension system is practically bankrupt. And I will repeat it several times to get it into your head. Bankrupt and therefore in need of urgent reform – transition …

Main picture This year, healthcare spending increased by another 490 million leva, with the NHIF budget reaching 4.35 billion leva. As every year, the budget increases, with the percentage change compared to the previous year 2018 being 11%. This year, there is no change in the insurance burden, with health insurance remaining at 8%. This should not reassure …

Author: William Luther - Assistant Professor of Economics at Kenyon College, Director of the American Institute for Economics Research's Sound Money Project, and Temporary Fellow at the Center for Monetary and Financial Alternatives at the Cato Institute. Shortly before November 2016, Indian Prime Minister Narendra Modi said in a speech that the 500-rupee notes ...

October was another month in which the TEAM actively participated in the public debate in Bulgaria. Our experts were sought after by the media on a variety of political and economic topics, and our report calling for the abolition of the corporate tax enjoyed particular interest. In the first week of October, the presentation of …

0:35 – Presentation of the topics of the episode 3:05 – How did the EKIP Virtual Pension Fund perform in October? 07:15 - Topic of the episode: The problems of the pension system in Bulgaria and how they affect the financial situation of each of us 49:00 - Answers to questions about investing in ETFs on …

In recent weeks, the public situation in Bulgaria has been particularly heated by a number of protests. However, the greatest escalation of public tension in recent days is rooted not in protests by pensioners, mothers of disabled children, or religious denominations, but in protests against the rise in fuel prices, which was felt especially …