Over the past week, a stormy scandal has erupted in the media over the amendments to the Law on Privatization and Post-Privatization Control proposed by the Ataka party and supported by GERB and VMRO. Accusations have poured in from the media that the proposed amendments are completely "lobbying" aimed at protecting the financial interests of the Domuschievi brothers and Delyan Peevski in particular. The most …
More »What is public choice theory?
Public choice theory is a branch of economics that developed through the study of taxation and public spending. It emerged in the 1950s and gained widespread public attention in 1986, when James Buchanan was awarded the Nobel Prize in Economics. Buchanan founded the Center for the Study of …
More »Should the state regulate the brokerage profession?
Author: Iliyan Koychev Real estate is a favorite investment asset of Bulgarians, and in the long term, a potential change in this attitude is unlikely. The real estate market is developing rapidly and in large Bulgarian cities such as Sofia, Plovdiv and Varna, the asking prices (regardless of whether for purchase and sale or for rent) are …
More »Along the gas flow
With its decision on April 4 to adopt amendments to the Energy Law in the first reading in parliament, Bulgaria has proven in practice that it is trying to be Russia's "Trojan horse" in the European Union. The changes to the energy legislation effectively remove Bulgaria's obligations to comply with Directive 2009/73/EC...
More »Green energy tax – part of the cycle of state intervention in the economy
Very soon we can expect green energy producers to join the wave of protests against the government. Earlier this week, the parliament's budget committee proposed that revenues from the sale of energy from renewable energy sources (RES) be taxed at a 20% fee. The idea of the fee is included in the draft …
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EKIP– Expert Club for Economics and Politics A Different Opinion