Capitalism in Bulgaria emerged during the Ottoman rule and as a natural effect of the widespread losses of the Ottoman Empire in the various wars and uprisings against it during this period. After several key losses such as the Serbian Uprising and the Greek Revolution, the empire had to implement reforms concerning the army...
More »Why should the government NOT accept Macron's ultimatum?
As you have surely already understood, a few days ago the new President of France Emmanuel Macron visited Bulgaria and during his personal meeting with Prime Minister Borisov he set the following ultimatum: France will support Bulgaria's interests within the EU and in particular our possible candidacy for entry into the Eurozone...
More »Why shouldn't and can't we buy "only Bulgarian"?
At the end of 2016, the "patriotic" idea of imposing Bulgarian food in stores became fashionable again, as the state had to introduce corresponding repressive requirements on businesses along the lines of "buy only Bulgarian". According to the draft law submitted by the BSP, "for part of the quantities of products offered, the production of which is traditional for Bulgaria...it is mandatory...
More »Prosperity is achieved not through protectionism, but through free trade
During the 2016 US presidential race, both Donald Trump and Bernie Sanders emerged as advocates of protectionism and expressed clear support for expanding tariffs and other trade barriers imposed on imports, with both arguing that free trade policies lead to job losses...
More »Donald Trump – the visible and the invisible in trade
“In economics, every action, custom, institution, or law, produces not just one result, but a series of consequences. Of all of them, only one consequence is immediate; it appears simultaneously with the cause (and the action); it is visible. The other consequences appear later; they are invisible; we are lucky if we can foresee them.” …
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EKIP– Expert Club for Economics and Politics A Different Opinion