Economy

|Full text of the analysis| At the beginning of October, it was three years since Bulgaria joined the Banking Union. The event was once advertised with great official enthusiasm. It was even explained that this marks the practical beginning of the country's membership in the eurozone. The argument – the Banking Union is a mechanism created in and …

By mid-2023, the credit market in Bulgaria is in a peculiar situation. While interest rates on loans throughout the eurozone are skyrocketing and lending is suffocating, the situation in our country, at least at first glance, is far calmer. What do the data from the Bulgarian National Bank (BNB) show about the situation of the credit market …

The case of the leaked video recording, which shows how the deputy governor of the Bulgarian National Bank, who heads the “Issue” department, plays a leading role in opening the election campaign of a mayoral candidate nominated by “Continuing Change”, is not just another gaffe in our public space. Even secondary questions are questions such as – did he travel in a company car …

|Full text of the analysis| |Official video presentation of the analysis| The eurozone suffers from deep structural problems that are hampering economic growth and leading to the accumulation of imbalances between member states, our new analysis shows. The common European currency is failing to achieve its main goals – ensuring faster growth and convergence in …

The private management of public utilities is a topic that stirs up a lot of heated emotions. Many people instinctively believe that public utilities such as electricity, water, and the like are best managed by the state. Alas, in most cases this position is rooted in emotion rather than reason. This is very clearly evident …

DEAR LADIES AND GENTLEMEN OF THE PEOPLE'S REPRESENTATIVES, In connection with the upcoming consideration of the petition for organizing a referendum with the question "Do you agree that the Bulgarian lev should be the only official currency in Bulgaria until 2043?" in the parliamentary committee for civic participation, we express the following opinion on behalf of the Expert Club for Economics...

Assen Vassilev will try to drain the coffers of the Bulgarian Energy Holding (BEH) in order to patch up the budget and reduce the deficit to 3% of GDP. This is clear from a letter sent by him to the new Energy Minister, the authenticity of which has already been confirmed by several media outlets. And several media outlets with …

The introduction of the euro usually breaks fiscal discipline, causing government debt to increase. This phenomenon has been observed for a long time, since the very creation of the eurozone in the countries that founded it. Debt burden of a country The ratio of public debt to gross domestic product (GDP) in a country is the most appropriate indicator …

|Full text of the analysis| Healthcare prices, as well as cases surrounding its financing, are not a new phenomenon on the economic horizon in Bulgaria. Since the beginning of the healthcare reform in 1999 to this day, the main topic of discussion has been the methods of financing and redistribution of resources in the system. The elements of upgrading …

(The Agitation for Happiness or How the Federation of Servile States Came into Being)[1] Krasen Stanchev "Success is going from failure to failure without loss of enthusiasm." (Winston Churchill, 1941) "The more the state "plans," the more difficult it becomes for the individual to plan" (Friedrich von Hayek, 1944) The year 2022 is ...