Dzień: 14 lipca, 2014

In response to repeated disputes between players in Bulgaria power sector, and to worrying signals of repeated regulatory failure and delayed liberalization, the Institute for Market Economics had undertaken analytical efforts to review the practices of the State Energy and Water Regulatory Commission (SEWRC), the national regulator. This report summarizes these efforts.

Output per capita fell almost 10 percentage points below trend in the 2008 recession. It has since grown at less than 1.5%, and lost more ground relative to trend.

The European Central Bank (ECB) and the European Commission announced that Lithuania satisfied the criteria for adopting the euro.