Congratulations on your new (quasi-)state bank. At least 1/4 of it. As of yesterday, FIB is already practically 26% owned by the Republic of Bulgaria. In 2 weeks it will become official. The pornographic story has been played out, in which the former financial chief of FIB is appointed governor of the state-owned Bulgarian Development Bank, in order to pour …
More »Are taxes theft?
"Taxes are theft." You may have heard similar statements made or shared by your libertarian (or classical liberal) acquaintances. Is there any logic behind this statement, though, or is it just another hollow political slogan? Let's start with a thought experiment. If a robber threatened you with a gun...
More »Theft with medical referrals 101
The article talks about a real Bulgarian municipality and the incident is based on real and public data. We will call it “municipality X”, due to the fact that neither the name of the municipality nor the medical team working on its territory should be discredited. The article will present the state of …
More »Vladimir Karolev and Stoyan Panchev on the right, the state and forecasts
Vladimir Karolev and Stoyan Panchev on the right, the state and forecasts. Vladimir Karolev is a financier, macroeconomist, lecturer and pundit.
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EKIP– Expert Club for Economics and Politics A Different Opinion