Bulgaria

As you probably understood from the news, all pensions were increased by 5.7% today, and the maximum pension ceiling was raised from 910 to 1200 leva. In itself, for some, this increase is certainly a cause for joy. But in reality, it should be a cause for reflection. Because the latest actions …

If you follow the local media, you've probably already heard about yet another scandalous loan granted by the Bulgarian Development Bank. This time, it's not about one of the big businesses connected to Delyan Peevski, but about another businessman with a dubious public reputation – Rumen Gaitanski, nicknamed "Vulka", known for his closeness to …

The common European currency is not particularly successful in its task of bringing the peoples of the Old Continent closer together – this is easily seen in the division of Europe into one or two speeds, the groups of countries that comply with and do not comply with the Maastricht criteria, and of course the severe tension between center and periphery, north and south, expressed most clearly...

The native MEPs were beating their chests that they had successfully fought for new EU legislation in the field of consumer goods, through which they would prevent the so-called "double standard" of food between the eastern and western parts of the continent. Whether this is fake news or just political posturing - remains a topic of …

We are witnessing a political consensus whose consequences and philosophical basis are completely ignored and excluded from public conversation. Politicians, literally from all the major powers, are talking openly about how they will transfer key elements of the country's sovereignty to one or more supranational institutions, gathered under the umbrella of the European Union. The leader of the list …

In the midst of Brexit, about which I[i] wrote on June 22, 2016[ii] and where nothing unexpected has happened since the then-forecast, and in the midst of domestically important political topics, the approaching expected actions for Bulgaria’s entry into the “eurozone waiting room” and membership in the zone itself were completely forgotten. If we exclude the statements of …

Like Hollywood productions, with their two- or three-minute video trailers presenting the content of an expected hit movie, the leading powers in the European Union have recently managed to show us the planned future of the continent. This was demonstrated by the dramatic vote in the European Parliament on the so-called "mobility package" - which, disguised as ...

Source: NSI Comment: In April, consumer price inflation slightly accelerated and reached 3.68% on an annual basis, compared to 3.60% in March, according to the most recent NSI data. For the second consecutive month, the most serious growth was reported by food and beverage prices – 5.76%, compared to 5.61% in March. Meanwhile, …

(Click on the infographic for a larger size) Data source: NSI Commentary After accelerating growth in the first two months of the year, in March there was a slowdown in both production and sales in the industrial sector. Interestingly, according to NSI data, this time there is a greater burden of …

As the next European Parliament elections approach this month, it is good to remember what happened during the previous mandate of our current representatives at European level. Over the past few years, a number of crazy bills have passed through the EP, which unfortunately were adopted, very often with a wide …