EU

The German Constitutional Court in Karlsruhe has created one of the most serious problems for both the European Court of Justice and the European Central Bank in their entire history. This happened with a decision examining the legality of the ECB’s main asset purchase program, or so-called quantitative easing, called the Public Sector Purchase Programme …

On Monday, during his visit to Poland, French President Emmanuel Macron made statements that scandalized the Bulgarian public. Macron said bluntly that the admission of Bulgaria and Romania to the European Union was "hasty", thereby directly questioning our place in the so-called European community. Let's not …

In the debates that erupted this week over the dangerous amendment to the BNB Law, the authorities were forced to launch into a desperate defense of the current political course towards the fastest possible membership in the eurozone. One of these desperate defenses was the claim made by Prime Minister Boyko Borisov that joining the eurozone would …

To answer this question, we must first answer the opposite - what are the great successes of the Transition? Because, somewhat paradoxically, its greatest successes also contain its greatest failures. The Transition in Bulgaria actually occurred only in 1997, after a period of severe economic cataclysm. The fact that ...

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 …

Author: Natali Hristova Why are we even bothering with the Belene NPP when we can neither finance it nor need the electricity? Moreover, it is doubtful to what extent the EU will allow it, especially considering the use of old Russian technology in a seismic region and with a lack of diversification in the particularly important sector of …

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 …

Europe is preparing for a new five-year cycle in which it must deal with many internal and external challenges. On the one hand, the US and China are huge economic competitors to the EU due to their greater business freedom (US) and resources (China), and on the other hand, Russian military power and strategic interests also …

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 …