Въпросът за връзката между инфлацията и членството в еврозоната засили актуалността си през лятото след публикуването на Конвергентния доклад и официалните решения за присъединяване на България към еврозоната. Българските граждани са разтревожени от ускореното нарастване на цените в процеса на смяната на българския лев с евро и премахването на валутния …
More »Trump shows gold the way to $4,000
In one of its latest issues, the Financial Times called gold “Trump’s top asset.” Traders and investors expected the arrival of the new president to be accompanied by market behavior for every taste – a strong dollar, a boom in crypto, or a jump in the yield of US government bonds – but the reality turned out to be different. We only see records …
More »The Euro and Inflation in Croatia: Analysis with Conclusions for Bulgaria
Two years after the official introduction of the euro in the country, Croatia continues to have problems with the growth of retail prices; Before the introduction of the euro in Croatia, prices there were on average higher than in Bulgaria. After the adoption of the euro, this difference not only persisted, but prices in Croatia began to grow …
More »Holiday Table Inflation: Analysis of Christmas Eve and Christmas Prices in Bulgaria
Idea and methodological note The purpose of this analysis is to examine the inflationary trends of the products that make up the traditional festive table in Bulgaria for Christmas Eve and Christmas. The data used provide an idea of the price movements in different categories of food and beverages, which are an integral part of the festive atmosphere. The methodology is based on …
More »Inflation and healthcare prices
Over the past few years, Bulgaria has seen a trend towards increasing prices for clinical pathways. In 2022, for example, prices increased twice - initially by 25% in April, followed by another increase of 8% for all clinical pathways in September. Especially in relation to cardiology and pulmonology, prices …
More »Garbage Generation: Nothing Bought Works
Author: Walter Kirn About five years ago, I bought an old juicer for seven dollars at a thrift store. It was one of those little, old-fashioned kitchen gadgets that looked like they were made to withstand a blast or a hammer blow. As soon as I turned the motor on with the metal knob, the drive shaft spun a heavy ceramic head made of …
More »The rise in interest rates and the state of the credit market in Bulgaria - is there cause for concern?
By mid-2023, the credit market in Bulgaria is in a peculiar situation. While interest rates on loans throughout the eurozone are skyrocketing and lending is suffocating, the situation in our country, at least at first glance, is far calmer. What do the data from the Bulgarian National Bank (BNB) show about the situation of the credit market …
More »Healthcare Prices – Problems and Solutions
|Full text of the analysis| Healthcare prices, as well as cases surrounding its financing, are not a new phenomenon on the economic horizon in Bulgaria. Since the beginning of the healthcare reform in 1999 to this day, the main topic of discussion has been the methods of financing and redistribution of resources in the system. The elements of upgrading …
More »BNB experts warn of the same risks from the euro as the EKIP
Last week, the economic experts of the Bulgarian National Bank surprisingly joined the Eurosceptic authors of this site. Judging by the working version of the BNB's part of the "Analysis of the Effects of the Introduction of the Single European Currency in the Republic of Bulgaria", the central bank agrees that the adoption of the euro would expose ...
More »The fiscal mistakes that the new parliament must fix
In last week's article, I presented an analysis of the state of the Bulgarian economy and public finances according to the most recent data from the National Statistical Institute and the Ministry of Finance. The situation, as we have seen, is not at all rosy. Long-term investments have collapsed, private consumption is also starting to weaken, and the negative contribution of net exports to …
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EKIP– Expert Club for Economics and Politics A Different Opinion