The new government was elected already in June, but it remains to be seen how it will begin to solve the pressing problems caused by the lack of regular governance in the months before. The budget is one such priority, but let’s not forget what happened with the National Recovery and Resilience plan (NRRP). Let’s recall – the plan was adopted two years ago with a significant delay, which was the reason why Bulgaria failed to receive an advance payment for its implementation. 

Already in May, the National Statistical Institute of Bulgaria announced long-awaited news: on a monthly basis, the general consumer price index recorded a decline for the first time since the beginning of the war, and in June, this trend continued, even more noticeably. This has also been accompanied by a cooling down of the annual price change, which has fallen well below its peak since autumn 2022.

The Bulgarian government banned the imports of twenty agricultural goods from Ukraine. This act and the related arguments for restricting free trade supported by the government, some politicians, media outlets, and interested businesses, show why the Institute for Market Economics has been debunking economic illusions and providing answers, in times of poor knowledge breeding poor policies, for more than 30 years.

For millennia humans have been fighting for all this against the randomness of tyranny, the dominance of strengths, privilege, and discretion over common rules and freedoms, defended by just laws. They have always wanted to live in such a way that it is clear what belongs to them and what belongs to others, contracts are not broken, what is borrowed is later returned, and the ruler is punished if he steals, lies or mistreats.