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 …
More »How will the political crisis be resolved?
It is increasingly clear that the conflict that led to the beginning of the current phase of the political cycle[1] is fading away, far from the focus of public attention. Removing Borisov is no longer a priority, and the coalition assembled for this purpose has disintegrated. The Borisov glue, as I have called it, is increasingly less relevant because of (i) its ritualistic …
More »With the plan to adopt the euro, the government is putting the cart before the horse
In the context of the already numerous internal conflicts in the ruling coalition, which have been going on for months, another one has been brewing in recent weeks, this time regarding the possible introduction of the euro in Bulgaria from January 2024. At the beginning of the month, Finance Minister Assen Vassilev (from "We Continue the Change") tried to push for the introduction of ...
More »Three questions for Assen Vassilev about Budget 2022
Today, the first state budget prepared by the government of the so-called "Coalition of Change" will be submitted for discussion in the National Assembly. Expectations, especially for the party that leads the coalition and controls the Ministry of Finance - "We Continue the Change" - are high. GERB governments, especially the last one, deservedly do not have a very good reputation ...
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EKIP– Expert Club for Economics and Politics A Different Opinion