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Privatization of airports before making route development funds
An innovative idea for development of airports was presented at a conference, dedicated to the development of the airport next to Plovdiv. International consultants suggested the making of public route development fund, which they think is the most appropriate way for development of flights to destinations such as Plovdiv. The ...
Privatization and safety in transport
The most frequently used argument in defense of state interference in the economy is “the need” for guarantees for providing safety to the citizens. When we add to this also the understanding that some activities must be managed and maintained by the government, because they are “structure defining”, monopoly giants are being bo...
Risks before the credit expansion
One of the key events of the past 2007, which will probably to a large extent determine the dynamics of the American (and partially the world) economy in the medium term, was the housing crisis in the USA. The stagnation of credit markets on a global scale was combined with deceleration in the growth of housing prices in Europe ...
There are no economic and social arguments against the privatization of the state enterprises left
About a year ago we wrote that employment in 2007 will reach some 3.3 million. This means some 190 thousand more working positions in comparison with a year earlier. Then the forecast was declared too brave by our colleagues, but today this is confirmed by the latest data, announced by NSI. Although the government considers this...
Housing or stocks
Housing estate prices continued to climb in 2007 as well, as the average pace up to the moment is around 34%, as compared to a year earlier. These facts must reassure investors in Bulgarian assets after the stock exchange decline in recent months. We must however take into consideration that the main contribution belongs to inte...
Kindergarten economics
The new electronic system for enlisting children in kindergartens in Sofia, whose meaning was to help parents and introduce relatively objective and transparent principle for children enlistments, failed at its launch. This induced broad public discussion and raised again the main problem – the deficit of places in kindergartens...
What municipalities miss when making decisions about local taxes
The Plovdiv municipality made an example how a municipality must not make decisions on the local budget. We do not expect many municipalities to approach discussions on local taxes in 2008 with ultimate transparency. This year is important to tax decentralization in Bulgaria, because municipalities can already determine local ta...
Ready for Business 2008
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