Bulgaria

Amidst the enthusiasm for the investigation into the irregularities of the previous administration, the caretaker government of Stefan Yanev has approved a plan for Bulgaria to join the eurozone. This is a puzzling move, because this plan is largely inherited from the previous government, whose abuses in other areas the current caretaker cabinet appointed by …

Author: Stefan Antonov On July 10 (the day before the elections) it will be one year since Bulgaria and Croatia were admitted to the waiting room of the eurozone and the banking union. GERB's decision to push in this direction became a fact despite legitimate and well-founded concerns that the state was taking unacceptable risks. The period since its …

The ECB is silent about the BDB. We have sent a request for all documents on the case. As we have already written, Bulgaria has been a member of the Banking Union for 9 months now. A key element of the BS is the so-called Single Supervisory Mechanism. Supporters of the eurozone promised that banking supervision in the hands of the ECB would correct the problems in …

In his book "Capitalism, Socialism and Democracy", the economist Joseph Alois Schumpeter (1853-1950) argued that capitalism is an evolutionary and dynamic system. The main impulse that causes evolution and dynamism comes from the supply of new consumer goods, new methods of production or transport, new markets and new organizational forms of enterprises, ...

On 22.06.2021, the EQUIP sent a letter addressed to the President, the Prime Minister, the Minister of Finance and the Minister of Economy. Addressing President Radev directly, we called for a careful assessment of the potential risks for Bulgaria related to the possible accession to the eurozone. To this day, institutions such as the Ministry of Finance …

The short answer is because, despite all the banditry that is spreading throughout the country, for the past 12 years the government has been unwaveringly implementing the agenda of the Berlin-Brussels-Paris axis. This so-called agenda generally consists of centralization and transfer of sovereignty (so-called European integration), granting artificial competitive advantages to industries/countries with strong lobbies in Brussels …

The “Conservator” website is deserted. At the time of writing this text, the most current articles on the main page were uploaded at best three days ago. None of the five were written for the site – they are all reprints. To the extent that there are still people who make efforts for “Conservator”, they are directed …

EKIP: Dear readers, we present to your attention an extremely valuable analysis of the "Theory of the Optimal Currency Area" and Italy's experience in introducing the euro. There are many useful things that can be learned from the experience of other countries in joining the eurozone, from which Bulgaria should learn a lesson. On …

The title is a quote from the popular Bulgarian march "Great is our soldier", which was written in 1916. The author of the text is Second Lieutenant Konstantin Georgiev Popov from the 23rd Infantry Shipka Regiment. The year of writing is important. At that time, the country was involved in the third war in the second decade of the 20th century. Bulgarian participation ...

The nomination of Antoaneta Stefanova gave everyone the opportunity to practice their chess clichés – from “zungzwang” to “Sicilian defense”. However, that is not what matters. The more important part of the statement by Slavi Trifonov, chairman of “There is such a people”, was that the second term would be returned. In this way, it practically ended …