Last week, we thoroughly refuted Prime Minister Borisov's claims about the alleged "benefits" of joining the ERM-II currency mechanism in the current crisis. Now we turn our attention to the other side of the coin - the potential risk that we would take if we joined the currency mechanism. The biggest risk is related to the banking system and is ...
More »The Bulgarians, the Ottoman Empire and Weapons: Part II
The carrying of weapons among the Bulgarian population has deep traditions even during the Ottoman rule. Contrary to popular belief, the Bulgarians were not at all defenseless. In fact, on the contrary, they were quite often found with weapons in their hands despite the suspicion and prohibitions of the authorities, and during the period of the Kardzhali unrest (the end of the 17th century …
More »Is Borisov lying about ERM-II or does he simply not know what he is talking about?
In the last few weeks, the positions of the government, especially in the quasi-single-man rule of Prime Minister Borisov, have been more volatile than the weather. After in February he wisely abandoned the rush to join the so-called "waiting room" of the eurozone - the ERM-II exchange rate mechanism - Borisov turned 180 degrees and a few days ago ...
More »The new regulations on food in retail chains are insane
Yesterday it became clear that the Ministry of Agriculture and Food is considering a new regulation that will force stores in the country to sell only local (Bulgarian-made) products on at least 50% of their space. In addition, all stores will be obliged to purchase these goods only from producers located in their …
More »The Bulgarians, the Ottoman Empire and Weapons: Part I
Author: Assoc. Prof. Dr. Hristiyan Atanasov The possession of weapons by Bulgarians during the Ottoman rule is not an unexplored or neglected problem by historians. However, it hardly figures in the mass consciousness, with the exception of the image of the outlaws, who in most cases are presented as rebels against the authorities and "people's champions". In fact ...
More »Government, municipalities and business life during a pandemic: what is not visible
The administration's inaction is stifling even that which could work... Everyone is discussing the taxpayers' money, which the government these days said it would return to some of them after collecting it from everyone. Both the discussion and the government's actions are normal - within some framework of public decency. No...
More »Let's stay at a sanitary distance from the euro
At a special counter-briefing on Sunday, Prime Minister Borissov, provoked by President Radev's statements and veto on the state of emergency law, commented on a range of topics of key importance beyond the pandemic that has hit the world. He made a kind of joke at opponents of joining the eurozone and defenders of the currency board, telling us …
More »How will the Matrix respond to COVID-19?
Crises expose the bones of reality, dispel the fog of political formulas and incantations. We usually spend the dramatic moments that have come into the public spotlight, separated from the real events in a fabricated version of the true facts. Effigies smeared with lipstick and adorned with sequins, we wage our ritual battles in front of the media cameras, …
More »3 measures to stimulate the economy in response to the pandemic
After the purely health measures aimed at protecting the health of Bulgarian citizens in the current Covid-19 pandemic, the next package of measures that it will have to take are purely financial. The pandemic is causing huge economic damage, with Europe being the most affected, given the massive spread of the virus in some of the most fragile …
More »From Paris with love: What does Macron's turn towards Russia mean?
On Monday, during his visit to Poland, French President Emmanuel Macron made statements that scandalized the Bulgarian public. Macron said bluntly that the admission of Bulgaria and Romania to the European Union was "hasty", thereby directly questioning our place in the so-called European community. Let's not …
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EKIP– Expert Club for Economics and Politics A Different Opinion