Finance Archive
18 Oct 2012
Borisov Attempts to Bribe Bulgarian Voters
2,116 views
When in 2009 Simeon Dyankov took over the Ministry of Finance, the first thing he dealt with was to keep the budget deficit below the limit of 3% – the reference value, defined in the Stability and Growth Pact, which, if exceeded, would incur sanctions. Once he proved that the triple coalition has left budget
12 Oct 2012
Tax Over Deposits Interests is an Attempt to Conceal a Lie
6,372 views
The government decided to impose tax on deposits interests – this news blew up the public space on Wednesday. It’s been a long time since the government has last produced news with such public response. If one tracks down through the whole governmental policy, however, and in particular the one related to incomes, would reveal
24 Oct 2011
Fighting Crisis by Decision Avoidance
2,548 views
Most European Union member states entered recession at the very beginning of the second quarter of 2008. This made the government (the Triple Coalition at that time) think that Bulgaria would be left isolated from the world processes and it would become something like an island of stability amongst the ocean of sinking economies. Such