Georgia is becoming, once again, a country to be watched by those of us who value liberty and the expansion of freedom and prosperity. Back in the fall and winter of 2019, there was little news about Georgia in the European and Central European media. There were a few political and economic developments – such as the international indexes (on economic freedom, by the Fraser Institute, and on ease of doing business) and an interview…
The fight against speculation is a traditional topic for politicians, which became especially popular during the state of emergency declared on March 13, 2020. These are all topics that affect many spheres of our lives and where human action seeks a solution but politicians have put up unnecessary barriers.
Crises, particularly so severe as the one we are currently facing, have the inevitable habit of redefining the way our economic life works. The way people work, as well as the very labor market itself, will undergo significant changes.
The current state of the Bulgarian judiciary facilitates a poor accountability of the Prosecutor General, who is essentially immune to criminal prosecution and practically cannot be suspended and dismissed from office.
Against the background of the forthcoming crisis and problems in the leading economies in the Euro area such as Germany and Italy, we find an unexpected example of a booming economy in the Iberian Peninsula – Portugal.
Over the past 10 years, the Bulgarian economy has changed dramatically. The manufacturing sector is gradually shifting towards higher value added production. The number of employed in traditional industries, for instance the clothing industry and furniture manufacturing, has dropped significantly.
There are clear reasons why Silicon Valley or Shenzhen are synonymous with high technologies – they are the place where entrepreneurs and businesses in this field have created their ecosystem, and accordingly attract those who want to break into the industry.
French President Emanuel Macron addressed the citizens of the EU is a special letter, entitled “For European renewal”, published simultaneously in select media in all member states. This move by Macron is not surprising.
The fate of the “mobility package” is, however, far from sealed – the final decision on it will be taken not by the current, but the next composition of the European parliament, which may turn out to be more welcoming towards competition.