As the winter season approaches, the economic outlook is becoming increasingly bleak, both for Bulgaria and for the whole of Europe. Data shows that gas storage facilities in the European Union are filled to relatively satisfactory levels and natural gas prices have started to decline. However, recession seems inevitable in a number of key European economies, led by …
More »Economic measures in Bulgaria: Between the pandemic and the elections
This text was originally published in the collection "2020: Inside and Beyond" It was already clear in March that 2020 would not be easy for the government of Boyko Borisov. A state of emergency was declared just days after the first registered case of COVID-19. This was followed by a collapse in economic activity, a spike in unemployment and …
More »Georgi Vuldjev: The State Pension Fund is de facto bankrupt
Original publication of the interview: Frognews.bg - Mr. Vuldjev, everyone has heard about the hole in the pension insurance system in Bulgaria. How big is this hole actually to date and what does this mean? - The budget of the National Social Security Institute for 2018 includes a deficit of nearly 4 billion leva for the Pensions Fund, which ...
More »Why Bulgaria should not enter the Eurozone
Recently, Bulgaria's possible entry into the EU's monetary union, the so-called Eurozone, has become a hot topic. Over the past week, a number of experts, led by the former economic team of the NMSV and Ivan Kostov, took turns explaining in various media why Bulgaria should abolish the currency board as soon as possible and …
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EKIP– Expert Club for Economics and Politics A Different Opinion