Author: Georgi Angelov Senior Economist, Open Society Institute – Sofia When the “dieselgate” scandal broke out in the US, a number of lawsuits were initiated against Volkswagen – including class action lawsuits for damages, and fines were also imposed. This is an important element of reducing pollution – the polluter must pay for his mistakes. However, there is also …
More »Signal to the EC regarding the restriction of cash payments
| Full text of the opinion | Dear readers, as you know from the EQUIP, we are strictly monitoring and opposing the attempts of the Ministry of Finance to push through yet another restriction on cash payments by reducing the allowable limit for such transactions to a maximum of 5,000 leva - a proposal that is part of a draft law...
More »What is public choice theory?
Public choice theory is a branch of economics that developed through the study of taxation and public spending. It emerged in the 1950s and gained widespread public attention in 1986, when James Buchanan was awarded the Nobel Prize in Economics. Buchanan founded the Center for the Study of …
More »10 Economic Truths Today's Leftist "Liberals" Need to Learn
Jeffrey Dorfman, Forbes Today’s political climate is highly partisan. Debates are filled with personal attacks, sharp words, and outright disagreements, as each side clings tightly to its beliefs. Both sides believe and vouch for their opinions as fact. With that in mind, here are the ten …
More »What's next for Europe after the German elections?
The German voter punished the two largest parties in the elections. A phenomenon like the so-called "Jamaica" coalition has never happened at the national level before. This was commented by economist Georgi Zayakov on the Investbook show on Bloomberg TV Bulgaria with host Dimitar Vuchev. "It will lead us to the fact that Germany will have a tax cut. The country is really going to …
More »The EU effect: opening up the economies of Central and Eastern Europe
Author: Lachezar Bogdanov, Industry Watch The openness of an economy is most often measured by the relative importance of foreign trade relative to its size. Some analyses look at the total volume of trade in goods and services relative to gross domestic product, while others focus on the relative weight of exports of goods and …
More »What's happening with e-health - a look at the project budget
What is the problem? Several months have passed since Dr. Ilko Semerdzhiev, as acting Minister of Health, signed a contract to launch a European project with the Ministry of Health as a beneficiary under the Operational Program "Good Governance". The project concerns the completion of the National Health Information System (NHIS) and has a duration of 22 months. The project …
More »Opinion of EKIP on the restriction of cash payments
|Full text of the opinion| Dear readers, as you know from the EKIP, we have been closely following the topic of regulations on cash payments and the current government's attempts to tighten them even further. In connection with the Ministry of Finance's latest attempt to reduce the limit on the allowable amount for cash payments...
More »To make the bureaucrat's life easier
Will we draw ideas for our legislation from the countries with the most severe fiscal crises? In folk literature, there is an aphorism "when he says good evening to me, I look around to see where the sun is". The same applies when the government promises to lighten the burden on every ordinary citizen - the administrative burden. Waiting in lines in ...
More »Ten major economic myths
The EKIP proudly presents a full translation of the fundamental essay “Ten Great Economic Myths” by the great American economist Murray Rothbard, which you can read and download here. Murray Rothbard is one of the greatest economists of the 20th century, a prominent representative of the Austrian School of Economics, and a founder of the modern libertarian movement in …
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EKIP– Expert Club for Economics and Politics A Different Opinion