state ownership

In public debate one can frequently find support for significant state ownership in the economy, citing the need to protect strategic national interests, including public safety and order. Politicians often argue that privatizing companies with State Treasury involvement would lead to their acquisition by entities hostile to Polish interests.

Now, the ruling party wants to get rid of the private enterprises from the emergency medical services. The regulations provided by the draft bill, currently proceeded by the Parliament, constitute a model example of a regulatory expropriation.

Similar to other CEE economies, privatization in Bulgaria did not start with the 1989–1990 transition period. The same applied to other market reforms, too, as the dominant view among policymakers at that time was that Bulgaria should undertake gradual changes to minimize social suffering.