Bulgaria

Highlights: - In the first quarter of 2017, the average salary grows at a record pace for the last 7 years - The average wage is likely to continue to grow at a similarly fast pace for the rest of the year - Employment reaches one of its highest levels in the last 10 years - Exports grow at the highest rate since 2011 ...

Recently, the claim that the minimum wage (MW) in our country is too low has been widely circulated in the Bulgarian public space. Interestingly, Bulgarian citizens themselves clearly believe that this is not the case, and the MW level should grow in proportion to the growth of the economy (as is the case with all other levels …

Highlights: Retail trade data indicate that consumption growth is accelerating, likely driven by higher levels of household lending Industrial production and turnover fell year-on-year in January, but mainly due to a base effect Consumer price inflation continues to accelerate, but lags slightly behind …

Highlights: Data indicate faster growth of the Bulgarian economy towards the end of 2016. In December, production in the manufacturing industry on an annual basis grew at the fastest rate since 2011. Growth in industrial turnover reached the highest rate in the last 21 months. Retail trade grows at a strong pace, stimulated by the Christmas holidays…

Dear readers, We at EKIP believe that in order for a society to be free and able to navigate the contemporary economic and political situation, it must first and foremost be informed. That is why we have decided to start a new monthly column "Macroeconomic Monitor", in which we present an interactive graphical overview and …

The year is not over yet, but in politics almost nothing happens overnight, especially when it comes to serious and large-scale reforms, such as the legalization of cannabis. Let's take a look at what is happening around the globe with the prohibition of this much-discussed plant. …

Nikola Filipov We would probably all agree that a functioning capital market is of fundamental importance for a developed market economy. A number of economic studies clearly reveal the strong correlation between market capitalization and the level of GDP per capita in an economy. The positives – both corporate and …

Georgi Zayakov One of the most frequently repeated mythologies during the transition is that Bulgaria will recover only when politicians start listening to what "the People" tell them. Nostalgic people, for example, are dying to sculpt the image of Todor Zhivkov as a great politician, because he was the only one who listened to the people's wishes. And …

Georgi Zayakov One of the most frequently repeated mythologies during the transition is that Bulgaria will recover only when politicians start listening to what "the People" tell them. Nostalgic people, for example, are dying to sculpt the image of Todor Zhivkov as a great politician, because he was the only one who listened to the people's wishes. And …