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Just before Christmas, it became clear that the prime minister and the two major labor unions had signed a memorandum which not only prevents raising the retirement age, but also fundamentally changes the pension model of Bulgaria. Noteworthy, the main agents behind this decision were the same people who in 2010 decided to steal 100 million leva from professional pension funds, thus breaking the Constitution.

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Institute for Market Economics, Institute for Economic Studies – Europe and Friedrich Naumann Foundation organized a week long summer seminar in Bulgaria “Europe & Liberty”  (Bansko, 14-20 July 2012) The seminar gathered 35 students from various countries: Armenia, Czech Republic, Georgia, Moldova, Macedonia, Romania, Russia, Turkey, Netherlands and Bulgaria. Lecturers were Pierre Garello (France), Gregory Rehmke (USA), Carlo Lottieri (Italy), Krassen Stanchev (Bulgaria) and Petar Ganev (Bulgaria).

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Institute for Market Economics joined the worldwide initiative Friedman Legacy for Freedom Day by organizing a special evening dedicated to Milton Friedman’s 100th Birthday (31 July 2012, Sofia). IME gathered up to 50 people to celebrate Friedman’s legacy and to discuss his ideas. The evening started with segments from the “Free to Choose” series and continued with short contributions by our three quest speakers – Kalin Hristov, Georgi Angelov and Petar Ganev. A review of…

bulgariarecession

In most recent years a famous graph, showing how deep the recession is in the UK and what is the path of recovery, appeared periodically. The graph is made by the National Institute of Economic and Social Research (NIESR) and compares the profile of the worst recessions in the UK over the past 100 years. The graph clearly shows that the last economic decline from 2008 is the longest of all compared episodes and that…

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The Institute for Market Economics (IME) presented its view on the performance of the economy, putting the focus on the labor market and the job creation in a time of crisis. The latest data from Eurostat shows that more and more European countries are again in a recession and that Bulgarian growth is weakening in the end of 2011. It seems that Bulgaria is also heading towards a recession in 2012. The labor market is…

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Institute for Market Economics Cordially invites you to a press conference Jobs During Crisis: A Flexible Approach To Labor Market Regulations     The Institute for Market Economics (IME) will present its view on the performance of the economy, putting the focus on the labor market and the job creation in a time of crisis. The following questions will be discussed: Are Bulgaria and the EU facing a new recession? How is employment developing in…