Bulgaria

A new study of the credit market shows the main trends in borrowed funds and their interest rates. The study provides another insight into the unusual for Europe interest rate dynamics in the Bulgarian household lending sector. On the eve of a possible reversal of monetary policy in Europe, the credit market in Bulgaria remains highly dynamic, …

The latest episode of the "judicial reform" saga ended, as the employers of the smart-beautiful activists would say, with a whimper, instead of an explosion. But why? Why did they simply fulfill a few formal KPIs - Geshev fell, they smeared the constitution - but somehow it doesn't seem like the "bad guys" have lost their influence, quite the opposite. Complete dominance in the quota...

|Full text of the analysis| At the beginning of October, it was three years since Bulgaria joined the Banking Union. The event was once advertised with great official enthusiasm. It was even explained that this marks the practical beginning of the country's membership in the eurozone. The argument – the Banking Union is a mechanism created in and …

The latest election ad by Vasil Terziev that I came across seems to be starting to adapt the right rhetoric. Is Terziev's headquarters and the democratic community slowly starting to REDIPILE? I can only hope. The clip is very simple and that is precisely its genius. On a white background in a film studio …

By mid-2023, the credit market in Bulgaria is in a peculiar situation. While interest rates on loans throughout the eurozone are skyrocketing and lending is suffocating, the situation in our country, at least at first glance, is far calmer. What do the data from the Bulgarian National Bank (BNB) show about the situation of the credit market …

The case of the leaked video recording, which shows how the deputy governor of the Bulgarian National Bank, who heads the “Issue” department, plays a leading role in opening the election campaign of a mayoral candidate nominated by “Continuing Change”, is not just another gaffe in our public space. Even secondary questions are questions such as – did he travel in a company car …

The private management of public utilities is a topic that stirs up a lot of heated emotions. Many people instinctively believe that public utilities such as electricity, water, and the like are best managed by the state. Alas, in most cases this position is rooted in emotion rather than reason. This is very clearly evident …

|Full text of the analysis| On July 7, 2023, the majority in the National Assembly rejected the holding of a referendum on preserving the Bulgarian lev as a currency and, accordingly, postponing accession to the eurozone until at least 2043. The Parliament rejected the referendum proposal formulated in this way, even though all legal requirements were met and …

DEAR LADIES AND GENTLEMEN OF THE PEOPLE'S REPRESENTATIVES, In connection with the upcoming consideration of the petition for organizing a referendum with the question "Do you agree that the Bulgarian lev should be the only official currency in Bulgaria until 2043?" in the parliamentary committee for civic participation, we express the following opinion on behalf of the Expert Club for Economics...

Assen Vassilev will try to drain the coffers of the Bulgarian Energy Holding (BEH) in order to patch up the budget and reduce the deficit to 3% of GDP. This is clear from a letter sent by him to the new Energy Minister, the authenticity of which has already been confirmed by several media outlets. And several media outlets with …