Eurozone

The right-winger doesn't like political adventurism No, this isn't one of those articles that will make you believe that a 1,000 leva salary will become €500, and a 1 leva loaf of bread will become €1, because that won't happen. However, something else will happen - the security of the currency board will disappear...

We are in the process of yet another assault, organized by the native authorities, towards one of the half-wanted, half-unwanted so-called national goals. As with the Schengen zone, so with the common currency of the European Union, the government is wandering between a reasonable wait for the problems to be eventually resolved, aka Simeon Dyankov with the Euro, and enthusiastic demarches to …

As one of the few right-wing economists who are skeptical about Bulgaria’s entry into the Eurozone, our editor-in-chief Georgi Vuldzhev and founder Stoyan Panchev recently took part in a number of television shows and debates on the topic. On NOVA TV, Stoyan Panchev confronted the former deputy minister …

The more there is talk about the potential adoption of the euro in Bulgaria, the more often the argument is made that our country will be able to attract more investment in this way. This is the main line along which it is claimed that entering the Eurozone will enrich Bulgarian citizens – more investment means more jobs …

Earlier this week, we from the EKIP were officially quoted by one of the largest newspapers in Germany – Die Welt. As part of Die Welt’s coverage of Bulgaria’s application for eurozone membership, our team was recently interviewed about our expert opinion on the topic. In their article Die …

In the fourth episode of the podcast "60 Minutes of Freedom!" Georgi Vuldjev, Stoyan Panchev and Kaloyan Pravov discuss the following topics: 0:45 - Hiring private security companies to secure small settlements - Is this a solution to the lack of security? Why can't the Ministry of Interior do its job? Is it doing …

Author: Konstantin Arestov Italy, one of the world's most indebted countries, faces a serious political test after the parliamentary elections on March 4, in which anti-status quo parties will face off against traditional pro-European parties. The next parliament is shaping up to be quite fragmented, making the formation of a new government quite …

Author: Steve Hanke, Forbes.com After Bulgaria escaped communism in 1990, Bulgarians experienced several hardships. The economy collapsed, there were bankruptcies, and this Balkan paradise experienced hyperinflation, reaching a staggering 242% in February 1997. Yes, on a monthly basis. Anticipating many of the problems that follow currency devaluation, I became …

Defending the position "against" Bulgaria's possible entry into the Eurozone, our editor-in-chief Georgi Vuldzhev entered into a debate with former Deputy Prime Minister and Minister of Economy Nikolay Vassilev on bTV. According to Vuldzhev, the negatives of entering the Eurozone far outweigh the potential positives: If Bulgaria enters the Eurozone, which means eliminating …

We at EKIP are honored to publish a fundamental critical analysis by economist Georgi Ganev of the acclaimed "Plan B in the Currency Board Discussion" by Assoc. Prof. Dr. Ivan Kostov. In this "plan", Kostov practically proposes that the currency board in Bulgaria be dismantled, even though it was created precisely at the beginning of its own …