-
The crisis with the Russian gas supplies underlines the current situation of the Bulgarian gas market.
The crisis with the supplies of Russian gas to Europe after the aggravation of the political conflict between Russia and Ukraine stresses the need of more detailed view of Bulgarian gas market.... -
According to the new EU budget deal Bulgaria may get around 11.1 billion euro for the 2007-2013 period.
The agreed EU budget deal for the 2007-2013 period finally stipulated that Bulgaria may receive about 11. 1 billion euro. However, the real amount that Bulgaria will receive depends on a variety of conditions like project formulation and some levels of co-financing by the Bulgarian government. There are at least two reasons whic... -
The Bulgarian economy in 2006
The current analysis covers our forecasts for the dynamics of the main economic indicators in 2006. ... -
More specifics and detailed policies to be found in the Government Program 2005-2009, compared to previous cabinet’s agenda.
We can outline three areas of policy that deserve special attention: a promise of balanced budget and contained public expenditure, deregulation of network industries and concessions over infrastructure and (partial) reforms in financing of education and healthcare. The government sets a target of fiscal burden of 40% of GDP. Ta... -
A year ago Industry Watch forecasted 4.3% inflation for 2005.
..... -
Current account deficit reached 8.7 per cent of GDP in September.
Current account deficit reached 8.7 per cent of GDP in September. According to the latest data released by BNB the current account deficit for Q3 reached 1, 837 million euro or 8.7% of GDP. For the same period of 2004 the deficit amounted to 697.6 million euro or 3.6% of GDP. By year-end it will probably extend to 10-11 % of GDP... -
The electoral law reform proposed by UDF and BSP most probably will not produce any real actions.
The announced plans to introduce compulsory voting or minimum turnout requirement, measures against the so-called vote buying and increase in state financing of political parties are either socially unacceptable or hard to realize. The motives behind this kind of debate are easy to be noticed. The last week’s elections did not p... -
Budget surplus reaches new record highs of BGN 1,535 million in September.
Recent data show that budget revenues continue to grow at rates far exceeding the expected pace. For the nine months till September consolidated budget revenues reach BGN 13,241 million, or 13.9% higher than the same period of 2004. Expenditures until September stood at BGN 11,706 million (13.4% growth over 2004). The resulting ...