In the debates that erupted this week over the dangerous amendment to the BNB Law, the authorities were forced to launch into a desperate defense of the current political course towards the fastest possible membership in the eurozone. One of these desperate defenses was the claim made by Prime Minister Boyko Borisov that joining the eurozone would …
More »Bulgarians want a referendum on the euro
54% of adult Bulgarians want a referendum on Bulgaria's entry into the eurozone 50% of adult Bulgarians are against the introduction of the euro, only 19% support it Voters of the major parties are against the euro, while their elected officials – 60% of adult Bulgarians consider the leva a stable currency The majority of Bulgarians do not …
More »2. About Chalga, Education and Something Else (with Zhoro Vuldzhev and Lacho Tomov)
Guests in the second episode of the new edition of "60 Minutes of Freedom!" are the stars of the debate "The Scythe: Left or Right" organized by the Bulgarian Libertarian Society in December - Georgi Vuldjev and Lachezar Tomov! Lache is a mathematician and a lecturer at the National High School for Ancient Languages and Cultures (NGDEK) and NBU, and Georgi …
More »The water crisis in Pernik as another Cirque de Borisov
Today, all media outlets exploded with the news that the leader of the Women GERB party and former regional governor of Pernik, Irena Sokolova, was arrested during a raid by the prosecutor's office in connection with the water crisis in the city. Meanwhile, the Minister of Environment and Water, Neno Dimov, was also detained after special forces …
More »The expansion of the green zone in Sofia - issues from a public discussion
Author: Momchil Yakimov On December 16, 2019, I attended the public discussion on expanding the green parking area in the Ivan Vazov residential area, Triaditsa district. At the same time, the media was discussing the increase in vehicle tax in Sofia by an average of 20 leva per car, which was later voted on …
More »On the ECB's monetary policy, the euro and Bulgaria
Author: Nikolay Nenovski Professor at Jules Verne University, France Former member of the BNB Governing Board The material was written on October 30, 2019. Due to the limitations of the text size, I will formulate my views as theses. On the monetary policy of the ECB and in general on the monetary policy of the leading central banks I believe (and …
More »Principles are not pasta: Jock, Bonev and the right-wing yellow vests
The yellow-paved ideological bubble is jumping through the phases of change significantly faster than the rest of the country. We can explain this with a simple interpretation of Maslow's pyramid, in which materially satisfied millennials have climbed much higher than village grandmothers. Even more so with open access to waves of new information about …
More »What was the biggest failure of the Transition?
To answer this question, we must first answer the opposite - what are the great successes of the Transition? Because, somewhat paradoxically, its greatest successes also contain its greatest failures. The Transition in Bulgaria actually occurred only in 1997, after a period of severe economic cataclysm. The fact that ...
More »Industrial production falls throughout the 3rd quarter
(Click on the infographic for a larger size) Source: NSI Comment The latest NSI data show that industrial production fell for the fourth consecutive month in September by 0.14% year-on-year. It is noticeable that the decline is slowing, so we may see some growth in October, but we doubt that this …
More »What are the biggest problems of Budget 2020?
Extremely quickly and without almost any in-depth discussions, the 2020 Budget was adopted on first reading this week. We cannot help but be left with the impression that the budget for next year was very much overrun. And it shouldn't be, especially considering that this year the economic …
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EKIP– Expert Club for Economics and Politics A Different Opinion