Our editor-in-chief Georgi Vuldzhev this week was a guest on the show "Resonance" on Eurocom TV with host Vasko Mavrikov. The topic of conversation between the two was another restriction on cash payments, Budget 2018 and the state of the pension system. Regarding the lowering of the threshold for cash payments adopted at first reading …
More »Budget 2018 is extremely left-wing
Budget 2018 is extremely left-wing. This is important to say. When you increase taxes, when you increase public spending, this is left-wing politics. This was said by economist from EKIP Nikola Filipov on the Investbook show on Bloomberg TV Bulgaria with host Dimitar Vuchev. "This is a serious problem for me, which in the years will lead to deep …
More »The 2018 Budget Tragedy: Indiscriminate Spending Without Reforms
Budget 2018 is in fact just a worse version of Budget 2017. The government continues with the same vicious practices of higher spending in the absence of structural reforms and increases in the tax burden, which will worsen the business environment and hit the incomes of workers. And, of course, the biggest disappointment of …
More »Budget 2018 is a bad remix of Budget 2017
The 2018 draft budget is a worse remix of the 2017 budget, which itself was pretty bad. So, the 2018 budget is downright tragic, in my opinion. This was said by economist Georgi Vuldzhev, from the Expert Club for Economics and Politics (EKIP), on the Boom & Bust show on Bloomberg TV Bulgaria with hosts Vladimir Sirkarov and Kuzman …
More »How minimum insurance thresholds harm workers
Yesterday, the Minister of Labor and Social Policy Biser Petkov announced that the minimum social security income (MSI) for 2018 will be increased by 3.9%. Once again, such an increase in the social security thresholds is being undertaken with the explicit DISapproval of employers and even their refusal to participate in the negotiations for the determination of these …
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EKIP– Expert Club for Economics and Politics A Different Opinion