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Budget misspending

Budget misspending

Reform of public spending in a changing global environment


A budget to appeal to everyone

A budget to appeal to everyone

There is enough room for maneuvering in case of an economic downturn but reforms are nowhere in sight


Storm clouds gather over Europe's economy

Storm clouds gather over Europe's economy

Bulgaria’s economic growth slows to 3.3% in the second quarter of 2019, in line with the general European trend


What should Bulgaria expect from the euro?

What should Bulgaria expect from the euro?

It is now clear that euro zone membership has improved the economic performance of new member states


Economic Disparity Between Regions in Bulgaria Remains High

Economic Disparity Between Regions in Bulgaria Remains High

A business revival is visible everywhere, but stronger regions pull ahead, while the weaker ones still lag behind


Bulgaria faces an additional challenge on the path to the euro zone

Bulgaria faces an additional challenge on the path to the euro zone

Despite advice not to rush, the country will apply simultaneously to join the EU's Banking Union and the euro's waiting room – ERM 2


Migration and labor market in Bulgaria:

Migration and labor market in Bulgaria:

Future tides – model and scenarios


Bulgaria runs into the eurozone's wall

Bulgaria runs into the eurozone's wall

The European Central Bank seems unenthusiastic about Sofia's intention to apply for admission into the eurozone's training grounds


Russia’s Economic Grip on the Western Balkans

Russia’s Economic Grip on the Western Balkans

The Kremlin uses its influence in the region to try to divert it from Euro-Atlantic integration


Decarbonisation: The way forward for Bulgaria's energy system

Decarbonisation: The way forward for Bulgaria's energy system

Keeping current policies in place will increase the stranded costs and make transition even more expensive in the long run


А higher tax burden and a steep rise in public expenditure

А higher tax burden and a steep rise in public expenditure

The government is not using the good economic climate to balance the budget


Is Eurozone membership a worthy goal for Bulgaria?

Is Eurozone membership a worthy goal for Bulgaria?

The answer is not so clear-cut, as it used to be few years ago


The Anchor of Bulgarian Economy

The Anchor of Bulgarian Economy

The currency board, probably the only unquestionable institution in Bulgaria, is viewed as a facilitator for accession to the Eurozone


First fiscal surplus since 2008 – is it sustainable?

First fiscal surplus since 2008 – is it sustainable?

A prolonged political instability may lead to U-turn of the current possitive fiscal policy


Is Bulgaria entering a debt spiral?

Is Bulgaria entering a debt spiral?

Since 2008 Bulgarian governments have failed to restrain the growing fiscal deficit, which could be a long-term problem for the budget