Economy

Yesterday, the Minister of Labor and Social Policy Biser Petkov announced that the minimum social security income (MSI) for 2018 will be increased by 3.9%. Once again, such an increase in the social security thresholds is being undertaken with the explicit DISapproval of employers and even their refusal to participate in the negotiations for the determination of these …

Author: Murray Rothbard (We at EKIP proudly present a translation of part of the essay "Ten Great Economic Myths" by the great American economist Murray Rothbard. In this part of his essay, Rothbard focuses on the three biggest myths regarding government budget deficits and the effects they have on the economy of …

Author: Filip Petrov The municipal authorities do NOT want to solve the parking problem – their only goal is to collect as much money as possible! The introduction of paid parking zones only partially overlaps the two things, but this is a piecemeal job, not a complete solution to the problem. Where is the yellow …

Author: Nikolay Filibev The National Health Service (NHS) of Great Britain was created after the end of World War II and is the jewel in the crown of the Labour Party (the largest left-wing party in Great Britain). Although among the most developed countries, Great Britain has its own problems in healthcare. They are much deeper than what politicians want to debate or …

Author: Mihail Krastev A few months after the Ministry of Finance's planned restriction of cash payments to 5,000 leva failed to pass parliament, the finance ministry is now trying to push through its idea again. This time, the attempt to limit citizens' financial freedom has been inserted into a proposal for change...

What is the problem? One of the main problems with drugs disappearing from the Bulgarian market is state regulation, which is expressed in the form of price controls. The Bulgarian government experimented with freezing drug prices in 2013 and 2014, which negatively affected the market and caused …

Author: Iliyan Koychev Real estate is a favorite investment asset of Bulgarians, and in the long term, a potential change in this attitude is unlikely. The real estate market is developing rapidly and in large Bulgarian cities such as Sofia, Plovdiv and Varna, the asking prices (regardless of whether for purchase and sale or for rent) are …

As is well known, as long as there is someone reading: 1. Taxes are on average 50% of the income of an individual or household, everyone can check the individual picture at kolkodavam.bg; 2. There is money for airplanes and everything else, but there are also irrational budget expenditures of 0.5-1% of GDP...

Without even waiting for three months to pass since the last rejection of this bill, the Ministry of Finance this week again introduced a proposal to tighten the limit on the maximum amount of cash payments from 10,000 to 5,000 leva. And of course, the same song is being sung again - ...

In 2013, GERB introduced one of the most dangerous and illogical taxes – the “interest tax”. The introduction of this tax was also strange from a purely political point of view, because at least in theory, a right-wing party should do everything possible to reduce the tax burden on households and businesses. In 2014 …