Kaloyan Staykov

An economist at the IME with a focus on macroeconomics, monetary and fiscal policy, financial systems. Kaloyan Staykov's most recent projects include: A review of the public administration in Bulgaria and reform proposals; Privatization methods and procedures in Bulgaria and A review of fiscal rules and implications for Bulgaria.

Review #10

REVIEW #10: Power Market Liberalization in Bulgaria: A Decade Old Problem

BY Kaloyan Staykov AND 4liberty.eu / April 4, 2019

The liberalization of the Bulgarian power market has been characterized by constant external (the European Commission) and internal (private stakeholders) pressure. Regardless, the government has shown prevailing reluctance to take any serious actions.

Economy

Can Bulgaria’s Accession to the Eurozone Lead to Uncontrolled Public Spending?

BY Kaloyan Staykov AND IME / April 10, 2018

Bulgaria’s accession to the Eurozone became again a part of public discourse, after the minister of finance of the first Borisov government gave up on it in 2012. This will without a doubt bring opportunities as well as threats for the economy, and more often than not opinions are polarized.

Economy

Corporate Commercial Bank: No Innocent People

BY Petar Ganev, Kaloyan Staykov AND IME / December 13, 2015

The brief message of the report regarding the effectiveness of the banking supervision in Bulgaria is unambiguous: yes, the supervision has demonstrated weaknesses, and yes, the CCB management has circumvented and violated the regulations and the good banking practices.

Economy

Fiscal Rules: Theory, Practice and Implications for Bulgaria

BY Kaloyan Staykov / March 9, 2012

The Institute for Market Economics publishes a report on fiscal rules, the logic behind their implementation, and history of fiscal rules in several countries. The report also presents

Economy

Bulgaria Needs Stricter Fiscal Rules

BY Kaloyan Staykov / March 8, 2012

There have been talks, for a few months now, about introducing new and stricter fiscal rules in European Union (EU) member-states, which would help reduce the fast piling up of public debt. During the last week of January there was, at last, a public debate about the position of Bulgaria on this issue. The debate […]