Bulgaria

The upcoming European elections will play an important role in the direction of pan-continental development in the coming years, although our, Bulgarian, results are not particularly significant. The avalanche-like downward slide of Eurofederalization may be temporarily diverted or at least delayed as a consequence of the May vote in Germany and France. …

Author: Nikola Genov Prime Minister Borisov has proven in his long political career that he is extremely consistent in his inconsistency. Many analysts, both well-intentioned towards his governments and opposition-minded, recognize his political acumen. His ability to be a weather vane of public storms is probably the main reason for ten years of political scandals …

(Click on the infographic for a larger size) Data source: NSI Commentary As seen from the latest data, in February the growth of industrial production and sales accelerated for the second consecutive month after the decline reported in December. Looking at the data, it may seem that the risks in the sector have subsided, but alas, this …

"On March 21, 1986, the General Secretary of the Central Committee of the Bulgarian Communist Party and Chairman of the State Council of the People's Republic of Bulgaria, Comrade Todor Zhivkov, accepted the resignation of Comrade Grisha Filipov from all state posts. Comrade Filipov remains a member of the Politburo of the Central Committee of the Bulgarian Communist Party. The party will rely on his invaluable experience in the daily struggle for ...

(Click on the infographic for a larger size) Data source: NSI Commentary After the record decline in the last few years in December, the industrial sector returned to growth in the first month of 2019, both in terms of production and sales. In last month's commentary, we mentioned that …

Source: NSI Comment: In the first month of 2019, consumer price inflation accelerated to 2.96% year-on-year from 2.67% in December, according to the most recent NSI data. Prices in the "entertainment and culture" category increased at the highest rate (8.35%), while the largest decline was recorded in transport prices …

A huge change is happening before our eyes, while we keep our eyes closed. At the end of December 2018, official talks began in Brussels on a change in the decision-making procedure on tax policy issues. EU officials and certain forces in the Union are seeking to change the current system of unanimity (on the part of …

(Click on the infographic for a larger size) The negative developments in the industrial sector over the past two months are most likely due to the deterioration in industrial activity in countries like Germany, which is our main trading partner (more on this in the comment below). Data source: NSI Comment After in …

One of the most frequently applied economic regulations is state intervention in pricing. This is easily explained. The increase in prices of essential goods creates social tension. The authorities try to bring calm by subjecting prices to administrative control. It is believed that this helps the poor and the disadvantaged. Elementary economic …

The number of Bulgarian victims and victims of World War II (1939-1945) was relatively small. After its beginning, the authorities sincerely tried to maintain neutrality, but on March 1, 1941, they joined as allies of Hitler's Germany, and at the end of the same year they declared a "symbolic war" on the USA and ...