Bulgaria

Our previous text[1] on the issue of reshuffle showed the way out of the so-called political crisis in the country. The way to overcome the difficulties in forming a stable, coherent government. At that time we wrote: “It is increasingly clear that the conflict that led to the beginning of the current phase of the political cycle is fading away, far from the focus of public …

The introduction of the euro usually breaks fiscal discipline, causing government debt to increase. This phenomenon has been observed for a long time, since the very creation of the eurozone in the countries that founded it. Debt burden of a country The ratio of public debt to gross domestic product (GDP) in a country is the most appropriate indicator …

With their preemptive stance against any agreements and negotiations with GERB, "Continuing Change" is trying to maneuver from a battlefield where they are certain to lose to one where they could win. However, on this battlefield, their main opponent is no longer GERB, but their own coalition partner...

Широко разпространено клише гласи, че образованието е универсално полезно, че който се учи, той ще сполучи, а „науката е слънце“. Икономическият превод на това твърдение намира израз в хипотезата на Нобеловия лауреат Гари Бекер, че образованието е инвестиция, която дава високи доходи, защото увеличава производителността. Здравият разум предполага общоприетите истини …

|Full text of the report| English version | An important moment is approaching for consumers of tobacco and tobacco products in the European Union. It is expected that in December this year the European Commission will present a draft for the renewal of the Tobacco Excise Duty Directive 2011/64/EU. In the coming months, the European institutions, represented by the Council …

Last week, the economic experts of the Bulgarian National Bank surprisingly joined the Eurosceptic authors of this site. Judging by the working version of the BNB's part of the "Analysis of the Effects of the Introduction of the Single European Currency in the Republic of Bulgaria", the central bank agrees that the adoption of the euro would expose ...

At a parliamentary hearing last week, we witnessed yet another shameful circus regarding the issue of the future of Bulgaria’s currency regime. The Governor of the Bulgarian National Bank, Dimitar Radev, attempted to evade responsibility for providing an analysis of the consequences of Bulgaria’s potential accession to the eurozone. In …

In last week's article, I presented an analysis of the state of the Bulgarian economy and public finances according to the most recent data from the National Statistical Institute and the Ministry of Finance. The situation, as we have seen, is not at all rosy. Long-term investments have collapsed, private consumption is also starting to weaken, and the negative contribution of net exports to …

As the winter season approaches, the economic outlook is becoming increasingly bleak, both for Bulgaria and for the whole of Europe. Data shows that gas storage facilities in the European Union are filled to relatively satisfactory levels and natural gas prices have started to decline. However, recession seems inevitable in a number of key European economies, led by …

Author: Boyan Nikolaev A few weeks after Mike Pompeo's visit to Bulgaria, we talked about his figure and messages with colleagues from the American university where I work. Most of them are lecturers and professors of arts and logically with more left-wing and more liberal views, naturally sympathetic to the Democrats. Accordingly, the mood towards …