0:30 - What policies is the government preparing for us with Budget 2019 - left or right? And what does the government's fiscal policy portend for the long-term economic development of Bulgaria? 40:10 - About the controversial reactions to the article "Who is more left-wing: Criticism of conservatives and libertarians II" and our opinion about it. Links: …
More »Budget 2019: More taxes, less fiscal responsibility
Did you know that the 2019 Budget of our country includes a higher deficit than that of Portugal, which was in a fiscal crisis a few years ago? The 2019 Budget was officially published on the website of the Ministry of Finance this Monday, and unfortunately, once again the government focuses on higher spending without structural reforms, …
More »Ep. 33: Why should we abolish corporate tax?
Links: EKIP Tax Reform Proposal For greater convenience, we recommend downloading the podcast audio by clicking the “Download” button in the player above. Don’t forget to like and share on Facebook and write a comment with your opinion and/or criticism about this episode! This way you help us grow …
More »On public spending and business cycles
Yesterday the government announced its intention to increase the salary levels in the state administration by 10%. The measure is expected to come into effect from January 1, 2019, and according to initial estimates it will cost all of us taxpayers between 800 million and 1.1 billion leva. This is certainly great news…
More »The pointless and questionable spending of BNT
This article is part of the "Black Book of Government Waste", published in 2015. With over 65 million leva in annual subsidies from the state budget, the Bulgarian National Television is the largest budget-financed media in the country. The television is an institution with a special status, performing certain public functions. The current director of BNT, Vyara Ankova …
More »Science funding in Bulgaria needs serious reform
State money for the Bulgarian Academy of Sciences is a topic on which no matter what anyone says, it will still be wrong. This is because there are two completely opposite, but equally correct, points of view. On the one hand, it is really not right for someone to receive money without working for it – in …
More »The three big myths about the Belene NPP
After the publication of the summary of the infamous BAS report on the Belene NPP and its financial profitability, the government is doing everything in its power to convince the public that the Belene NPP is not only a viable but also a necessary project. This, of course, is complete nonsense. The only reason any politician would be interested in …
More »Health care moratoriums do not reduce costs or solve problems
Author: Kaloyan Staykov They say that violence is the last refuge of the incompetent. This phrase seems like a very accurate analogy to the moratorium imposed on the financing of new drugs and new medical activities by the National Health Insurance Fund in 2018. The reason for the restrictions is the inability of the authorities to limit the steep increase in health insurance costs in …
More »Culture does not need more state funding
The problem in the field of culture is related to the spending of funds, not their quantity. This was stated in Investbook with Dimitar Vuchev by Kapana.bg editor-in-chief Teodor Karakolev. According to the interlocutor in the program, the top priority should be to resolve the problem related to what exactly cultural funds are spent on. “It is hardly …
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 …
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