With little public attention, considered a boutique topic, the new Directive on Copyright in the Digital Single Market will be voted on in the Council of the European Union in April. It includes the controversial Article 13, which will oblige all internet service providers to introduce mandatory filters for tracking, recognition …
More »How the National Assembly introduced a "dry regime" for the sale of commercial enterprises
1. The latest amendments to the Labor Code and their true purpose On December 22, 2017, in the Official Gazette, No. 102 of 2017, the Law on Amendments and Supplements to the Labor Code (“LALC”) was promulgated[i]. Most provisions entered into force on the day of promulgation[ii]. It is evident from the LALC itself that the true purpose of the legislative …
More »ECB: Raising the minimum wage leads to layoffs and higher prices
A European Central Bank[1] (ECB) survey of more than 8,079 companies from EU Member States in Central and Eastern Europe (CEE)[2] aims to understand how increases in minimum wages (MW) are affecting businesses in these countries. 456 Bulgarian companies were asked what …
More »Health care moratoriums do not reduce costs or solve problems
Author: Kaloyan Staykov They say that violence is the last refuge of the incompetent. This phrase seems like a very accurate analogy to the moratorium imposed on the financing of new drugs and new medical activities by the National Health Insurance Fund in 2018. The reason for the restrictions is the inability of the authorities to limit the steep increase in health insurance costs in …
More »In the long term, the goal is to completely eliminate cash payments.
Our editor-in-chief Georgi Vuldzhev this week was a guest on the show "Resonance" on Eurocom TV with host Vasko Mavrikov. The topic of conversation between the two was another restriction on cash payments, Budget 2018 and the state of the pension system. Regarding the lowering of the threshold for cash payments adopted at first reading …
More »Mandatory 50% domestic goods in supermarkets – harmful and expensive for everyone
Unfortunately, over 25 years after the start of the transition from a planned to a market economy, Bulgarian politicians have still not been able to understand how it works and what are the appropriate measures to stimulate sustainable economic growth. In recent weeks, rumors have emerged in the public space that the government is on its way …
More »Which protects nature better - government regulations or the free market?
Today, many species of plants and animals are threatened with extinction. It is widely believed that the main causes of this ecological tragedy are agricultural activities, construction and industrial pollutants. The facts say otherwise – the extinction of biological species is a natural process, not a new, anthropogenic phenomenon. Fossils show, for example, that most creatures that lived …
More »Why do countries hate Uber — always and everywhere?
Kuzman Iliev States hate Uber and try to hinder the company by restricting, punishing or removing it from the market. Always and everywhere. But why is this prominent representative of the so-called "sharing economy" a thorn in the side of the French, Belgian, Bulgarian and generally conceptually every government? What does it threaten them with...
More »The Bulgarian state – an active fighter against capitalism
Yesterday it became clear that the Supreme Administrative Court upheld the decision of the Commission for the Protection of Competition to impose a fine of 200,000 leva on the company Uber, as well as to prohibit it from practicing its activities in its current form. The decision was made on the basis of Art. 29 of the Protection of …
More »Desires and realities in the field of education
As the great economist Frederic Bastiat said, in economics, some effects are visible and others remain invisible; the more positive the results seemingly observed from a public policy, the more severe the effects that seem to be invisible to the naked eye. This is certainly true in the field of education, which, …
More »
EKIP– Expert Club for Economics and Politics A Different Opinion