In recent months, the topic of budget deficits has taken center stage in heated debates among economists and politicians, garnering significant attention in the media. In April, the caretaker government proposed a budget with a notable deficit of 6.1% of GDP for 2023. In June, Finance Minister Asen Vasilev proposed a new budget with a negative balance of 3%, which is right at the limit for fiscal stability as set in the Maastricht criteria of the European Commission.
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.
In this episode, we talk about German strategy towards the war in Ukraine, a shift in the defense policy, the future of EU enlargement and strategic autonomy, and how Germans perceive Zeitenwende.
The Lithuanian Free Market Institute, together with its partners Free Trade Europa and law firm TGS Baltic, is holding a roundtable discussion to discuss new forms of work that have been created via digitalization and the changing nature of employment that is being sought by platforms and individuals alike.
Freedom of movement is a very essence of liberal principles. Classical liberals argue that every individual has the right to live wherever they want. And wherever the individual decides to settle, they should enjoy the same freedom rights as residents and be treated equally by the law.
In this episode, we talk about how the war in Ukraine has changed French foreign and security policy in Europe, what are the prospects for Ukraine to join the EU and NATO, and whether the center of power in the EU has shifted to the East
In this episode, we talk about four scenarios for the future of CEE and the EU, redefining EU strategic autonomy, and why a treaty change might be counterproductive.
In this episode, we talk about whether ties between countries foster conflicts, how Europe should behave in relation to the aggressive policies of China and Russia, and whether it is possible to cooperate and create rules limiting the negative effects of interdependence.
Once again, it has become clear that Bulgaria shall not be joining the Schengen agreement for some time, mostly due to the distrust in the work of our institutions and their ability to effectively guard the outer border of the visa-free area. Apart from the deeper European integration and the further inclusion to the “rich country club,” the accession to the Schengen Area could provide a couple of specific benefits to the Bulgarian economy.