банков сектор

October 1 marked exactly one year since Bulgaria officially joined the EU Banking Union. The accession was accompanied by great fanfare from public experts, politicians, and of course the government of Boyko Borissov himself, who in April 2020 announced Bulgaria’s accession to the ERM-II exchange rate mechanism and the Banking Union …

Author: Martin Nikolaev One of the previous chairmen of the Financial Supervision Commission and a manager of part of the largest financial and industrial group in the country stated that "today the FSC finally died". The committee, scattered in terms of competence and already completely seized by politics, is truly experiencing its hardest days. And instead of this senseless agony to ...

Guest author: Martin Nikolaev From fines for patent leather bags to a political bludgeon Until a month ago, the Competition Protection Commission was known as just one of the many useless state institutions, mainly dealing with fining online stores and women's boutiques for uncompetitively pampering Bulgarian girls with a bonus leather bag...

Author: Philip Bagus* *Philip Bagus is an associate professor at Rey Juan Carlos University. He is an associate scholar at the Mises Institute. He is the author of numerous books, including In Defense of Deflation, Blind Robbery!, The Tragedy of the Euro, and co-author of Deep Freeze: Iceland's Economic Collapse. While the euro crisis seems to be stuck in …

A few weeks ago, the parliament adopted a bill on first reading, which aims to limit the amount of all cash payments to 1,000 leva by 2019. The adoption of the bill itself is a natural continuation of the worrying trend at the European level to limit cash payments. The imposition of …