English Български
Follow Us
Subscribe
Search : [ ]
|

The (anti) crisis measures of the government

After weeks of uncertainty whether the government of Bulgaria had an exit plan for the crisis (of the budget), on Wednesday, at last, the cabinet announced 60 anti crisis measures. In this topic here we will gather the opinions of experts about how useful and reasonable these measures are and what problems do they solve.

9 August 2010 17:48 A tendency towards an increase of social payments

No matter the measures the Bulgarian government is undertaking with the amendments of the Social Insurance Code, the tendency is towards constant and significant increase of budgetary spending for social payments. According to data of Industry Watch, the expenses in the consolidated budget (with ...

4 June 2010 16:02 A surplus for April but still a large fiscal deficit for 2010

The fiscal deficit of Bulgaria this year has reached 1.299 bn levs (0.666 bn euro) no matter the fact that the Ministry of Finances reported surplus for April of 369.6 mn levs (189.53 mn euro). The deficit in the national budget is worth 958.4 mn levs (491.48 mn euro) and on the European funds i ...

14 May 2010 14:08 The government is planning to spend the fiscal reserve?

On May 5th the government surprisingly announced that it is filing in Parliament a draft legislation, aimed at changing Budget 2010. Then, as euinside wrote, the news raised more questions than made this very important issue clearer. A week later the plans of the government continue to be covere ...

7 May 2010 14:06 Show me the money!*

While I was waiting for the press conference in the Council of Ministers to begin, I received an e-mail from DG ECFIN of the European Commission. The letter properly informed me that Commissioner Olli Rehn's briefing will start any moment (live streamed on the website of the Commission), who wil ...

6 May 2010 16:15 The deficit rose by 271 mn for a month and is now over 1 bn

The budgetary deficit for the first three months of the year has reached 1 bn 669 million levs (855 mn euro). Only for March the fiscal deficit is almost 271 mn levs (138.9 mn euro), the data about the implementation of the Consolidated Fiscal Programme for the first quarter of 2010 show. The da ...

7 July 2010 16:48 Brussels: reduce the deficit by 2011 and avoid deterioration in 2010

The European Commission announced Bulgaria had an excessive budgetary deficit for 2009 and moved forward to the next phase of the excessive deficit procedure. The assessment is based upon the data provided by the Bulgarian authorities in April 2010 and verified later by Eurostat. According to th ...

30 May 2010 12:29 The revision of the budget is legalizing the huge fiscal deficit

Quite strong words used the economists from the Institute for Market Economy Svetla Kostadinova, Petar Ganev and Dr. Richard Ran to explain the government's intentions to revise Budget 2010. They said that the government is on its way to officially abandon reason in its fiscal policy and the cha ...

10 May 2010 09:43 Boyko Borissov: Brussels will not be anrgy about the deficit. What about us?

What is the budget? First of all it is a law. Secondly, this is the law regulating revenues and spending, the way taxpayer's money is being managed by the government, sealed and approved by the National Assembly. To put it simply - the budget is a commitment and a responsibility. If you have mad ...

6 May 2010 18:29 The budget has already been reviewed by taxpayers

The government has to finally take its political responsibility and decide what part of the spending it should reduce in order to avoid a debt crisis, commented for euinside the economic analyst and managing associate in Industry Watch Gheorghi Stoev, regarding the announcement of the prime mini ...

4 May 2010 12:45 The government is reviewing the budget tomorrow

At its tomorrow meeting the government will decide on reviewing Budget 2010. This is what came out from a statement of the prime minister on the EBF television on Monday morning. Responding to a question about the new anti crisis measures, Mr Borissov said: "On Wednesday, after the Council of Mi ...

 
free talk corner
Adelina Marini
#FAC The best aid #Russia can provide is to call back the terrorist leaders, to stop providing weapons and to de-escalate, said Lithuania's FM Linas Linkevicius before the beginning of the extraordinary meeting of the EU foreign ministers which will discuss the crises in Ukraine, Iraq and Gaza. Mr Linkevicius also said that the humanitarian convoy is being used to cover up escalation. It's very difficult to trust [Russia], he added
15 August 2014 11:46
Adelina Marini #FAC Federica #Mogherini: The actions of the #ISIS in #Iraq are a menace which can reach to the heart of Europe
15 August 2014 18:13
Adelina Marini
The #eurozone's economic motor, #Germany, has stalled in the second quarter of the year, AFP reported. According to the latest data of the German statistical office, the German gross domestic product shrank by 0.2% in the period April-June, following growth of 0.7% in the previous months. The reasons for the decline are weak exports and falling investments. This is a very bad news for the EU and the new European Commission. It shows unequivocally, especially after the data about Italy's return to recession recently, that the euro area crisis is returning. About the bad perspectives the monetary union is facing spoke last week ECB chief Matio Draghi, who said that one of the greatest risks is the geopolitical situation.
14 August 2014 11:05
Adelina Marini
The #EU is cautious in congratulating #Erdogan for being elected president of #Turkey. In a joint statement European Commission chief Jose Manuel Barroso and European Council President Herman Van Rompuy recall that Turkey is a partner of the EU, a candidate country negotiating for EU membership, an important trade partner and a foreign policy ally. The EU expects Erdogan to "maintain" the conciliatory tone and to try and encompass all the communities, beliefs, opinions and lifestyles in the Turkish society euinsi.de/JIt8
11 August 2014 10:35
newsletter


You can unsubscribe here from our newsletter

follow us
Абонирайте се за мен в YouTube
partners Citizen-E
Open Montenegro
One Europe
euinside