Economy

According to mainstream economics, the central bank is the key factor in determining the level of interest rates. By setting short-term interest rates and based on expectations about the future course of its interest rate policy, it influences the entire structure of interest rates. It follows that economic players have almost no …

Pension funds have achieved nearly 4.5% profitability in recent years, and the government plans to oblige insurers under the voluntary pillar to provide forecasts for future pensions. Is there light at the end of the tunnel and what kind of pensions will we receive in 5, 10 or 20 years? These are the topics that our editor-in-chief Georgi …

A few weeks ago, the scandal with the "carcinogenic valsartan" erupted, which quickly swept the media and created the prerequisites for numerous speculations about the quality of medications from this group. We at EKIP reacted quickly by publishing an article by M.A. Pharm. Dimitar Galabov, who clearly explained the problem, emphasizing that there is no need to panic. What a …

Everything is shaped by the business plan of the big guys... We all remember the case of the fired Google employee who dared to state basic biological differences between men and women and how they translate into socio-behavioral differences. This act of his did not please his superiors, who did not want to …

Over the past week, a stormy scandal has erupted in the media over the amendments to the Law on Privatization and Post-Privatization Control proposed by the Ataka party and supported by GERB and VMRO. Accusations have poured in from the media that the proposed amendments are completely "lobbying" aimed at protecting the financial interests of the Domuschievi brothers and Delyan Peevski in particular. The most …

The emergence and spread of socialism, national socialism and fascism is not simply the result of an unfavorable combination of circumstances. These ideologies and their mutations in the conditions of various crises have the dangerous charm of convincing part of the masses of their rightness. In addition to being inhumane, they are also anti-market. When after September 1944 the Bulgarian …

On 05.07.2018, EMA – the European Medicines Agency, issued a statement on the so-called “precautionary recall” of valsartan-containing products due to a received signal for a detected adulteration in the raw substance, namely NDMA – N-nitrosodimethylamine. The signal was submitted by the manufacturing company, namely the China-based “Zhejiang Huahai …

Author: Stefan Stoyanov It is widely believed that Bulgaria has the lowest taxes in the European Union. This perception is formed by comparing the rates, especially of Corporate Tax and Income Tax, with the corresponding rates in countries such as Germany or Denmark. But neither of these countries are representative of the entire European Union, …

The big economic problem the world faces is linguistic semantics. The word “regulation” is now understood to mean “government regulation.” We are unaware of the alternative: consumer regulation. This is a problem because we accept so much government intervention, when in fact we would be better off without it. We demand some kind of regulation with …

This Friday (29.06) representatives of the GERB parliamentary group, led by Menda Stoyanova (who is also the chairwoman of the Budget and Finance Committee) submitted a bill to unify the excise tax on sticks for the newly emerged IQOS product for "smokeless smoking" and conventional cigarettes. The measure is surprising because it goes against …