Eurozone

When the idea of the Eurozone was actively promoted in the 1980s and 1990s, the main advantage of the future monetary union was the expected "convergence" or, in other words, the rapprochement that it would bring about between the different member states. The idea is that, through the shared currency, the economies of the different member states would …

After three days of secret meetings and pledges in Brussels, European Union leaders emerged from the conference rooms with consensus candidates for the most important political posts in the bloc. The biggest surprise of the four nominations is that of current IMF chief Christine Lagarde, who is set to succeed Mario Draghi as ECB president. Although …

The activity of the experts from the EKIP continues in June with participation in media discussions related to reforms in the pension system and healthcare, the proposal to reduce VAT, entry into ERM II, legalization of marijuana, etc. The topic that most excited the public during the month was the proposal of the MRF to reduce …

The common European currency is not particularly successful in its task of bringing the peoples of the Old Continent closer together – this is easily seen in the division of Europe into one or two speeds, the groups of countries that comply with and do not comply with the Maastricht criteria, and of course the severe tension between center and periphery, north and south, expressed most clearly...

In May, the participation of the experts from the EKIP was related to topics such as joining the eurozone, Tax Freedom Day, the European elections, social policy and others. On May 18, we celebrated Tax Freedom Day. This year, the Bulgarian Libertarian Society organized a kind of celebration of the holiday - treated with beer more …

The native MEPs were beating their chests that they had successfully fought for new EU legislation in the field of consumer goods, through which they would prevent the so-called "double standard" of food between the eastern and western parts of the continent. Whether this is fake news or just political posturing - remains a topic of …

We are witnessing a political consensus whose consequences and philosophical basis are completely ignored and excluded from public conversation. Politicians, literally from all the major powers, are talking openly about how they will transfer key elements of the country's sovereignty to one or more supranational institutions, gathered under the umbrella of the European Union. The leader of the list …

In the midst of Brexit, about which I[i] wrote on June 22, 2016[ii] and where nothing unexpected has happened since the then-forecast, and in the midst of domestically important political topics, the approaching expected actions for Bulgaria’s entry into the “eurozone waiting room” and membership in the zone itself were completely forgotten. If we exclude the statements of …

Like Hollywood productions, with their two- or three-minute video trailers presenting the content of an expected hit movie, the leading powers in the European Union have recently managed to show us the planned future of the continent. This was demonstrated by the dramatic vote in the European Parliament on the so-called "mobility package" - which, disguised as ...

The upcoming European elections will play an important role in the direction of pan-continental development in the coming years, although our, Bulgarian, results are not particularly significant. The avalanche-like downward slide of Eurofederalization may be temporarily diverted or at least delayed as a consequence of the May vote in Germany and France. …