I dedicate this article to my friend Vladimir Karolev, with whom we have repeatedly discussed the concessioning of water, district heating, resorts, beaches and services. [i] After St. George’s Day, state television spread the news that the water supply companies were planning to raise the price of water. As the drafter and introducer of the modern (since 1991) law on the protection …
More »How Ukrainian refugees can be a positive for the Bulgarian economy
Guest author: Rosen Sharkov Since the beginning of the war in Ukraine - 24.02.2022 to date, the migration of Ukrainian citizens to neighboring EU member states - (Poland, Romania, Hungary, Slovakia and Bulgaria) has increased dramatically. As of today, according to data from the UN High Commissioner for Refugees - refugees ...
More »What can the government do against inflation?
The inflation crisis in the country (and the world) is deepening and looks set to continue to deepen in the coming months. The war in Ukraine and the economic sanctions imposed by the European Union on Russia have reinforced the already strong inflationary trends and are leading to a shock increase in the prices of a number of raw materials – food, energy and industrial (for …
More »How is speculation (not) tamed?
The ideas and historical events discussed in this article can also be seen presented in this video. Speculation, in the words of economist Assen Hristoforov, is an action by a producer, entrepreneur, or trader "with the intention of realizing more than normal profits in a relatively short period of time thanks to the special state of the market." …
More »How will the war in Ukraine affect inflation?
Russia's invasion of Ukraine has shocked the world not only politically but also economically. The sanctions imposed in response to the war are almost unprecedented in their scale and scope and could lead to an economic divide deeper than that of the Cold War. The war and the sanctions will …
More »Why removing the green certificate is a good idea
We call for the immediate abolition of the so-called "Green Certificates" as a requirement for admission to commercial, entertainment and other public facilities in Bulgaria. We welcome the government's forecasts that by March 20 there will be almost no need for any restrictive measures to prevent the spread of Covid-19, including green certificates. However, the TEAM believes that ...
More »Soil science and permaculture for libertarians
Author: Ivan Kalchev SOIL AS AN ECONOMY If we open a classic textbook on soil science, on the first page we will read that "soil is the surface layer of the earth's crust, in which plants develop and which has the property of fertility". In an equally boring textbook we can read about economics (in the sense of "economy", and ...
More »The new digital money yoke
One currency rules them, it alone will discover them, it alone will gather them all and wrap them in control in the city of Frankfurt, where the Brussels darkness looms. The debate on globalization shifts its focus from the traditional plane of left and right and reorganizes itself under a new dimension, namely national versus …
More »The problem of drug inflation needs a solution
“Inflation is taxation without legislation” – this phrase, uttered by the American economist Milton Friedman, is universal and valid for every period of inflation from the past to the present. Another part of his thesis is that inflation is a purely monetary phenomenon, or more clearly – when too much money …
More »Study: If Bulgaria adopts the euro, prices will rise even faster
The transition from a currency board to a conventional monetary policy (the euro, for example) will, all other things being equal, contribute to an increase in the inflation rate in Bulgaria. Not only an initial change in prices as a result of rounding can be expected, but also a permanently accelerated inflation due to the change in the monetary regime. In all countries, …
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EKIP– Expert Club for Economics and Politics A Different Opinion