euro

Author: György Matolcsy, Governor of the Central Bank of Hungary It is time to find a way out of the euro trap. There is a harmful dogma that the euro is the "natural" next step towards the unification of Western Europe. But the common European currency was not natural at all, because almost none of the conditions for its establishment were …

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 April, our authors once again took over the media space with opinions on current topics: the "Mobility" package, pension and health insurance, taxes, legalization of marijuana and the upcoming elections. The Chairman of the Bulgarian Libertarian Society, Stoyan Panchev, participated in the show "More of the Day" on BNT about Macron's "Mobility" package and ...

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. …