As you have surely already understood, a few days ago the new President of France Emmanuel Macron visited Bulgaria and during his personal meeting with Prime Minister Borisov he set the following ultimatum: France will support Bulgaria's interests within the EU and in particular our possible candidacy for entry into the Eurozone...
More »Why Bulgaria should not enter the Eurozone
Recently, Bulgaria's possible entry into the EU's monetary union, the so-called Eurozone, has become a hot topic. Over the past week, a number of experts, led by the former economic team of the NMSV and Ivan Kostov, took turns explaining in various media why Bulgaria should abolish the currency board as soon as possible and …
More »How will a potential Grexit affect the euro?
Five years after the start of the debt crisis in Europe, which was triggered by the global financial crisis, which later turned into an economic one, Greece is once again at the center of debates about the future of the European Monetary Union. Unlike in 2010-2012, however, the main attention is now paid to Greece, due to the fact that the other …
More »The Maastricht Failure, vol. 2.0
In the context of the Greek crisis that has been developing over the past few months, one of the key issues is the strict budgetary requirements that the creditors want Athens to comply with. Important for the debate has been the size of Greece's primary budget surplus (i.e. the budget surplus before interest is charged) that would allow it to …
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EKIP– Expert Club for Economics and Politics A Different Opinion