National AssociationBulgarian Black Sea

Follow us!



Dimitar Kanariev in front of the BNR microphones


     Dimitar Kanariev, Chairman of the Managing Board of NABBS, in front of the BNR microphones

In his interview on 09.07. Dimitar Kanariev, argu- mentally presented NADC's opinion that the inviolability of private property is without an alternative.
NABBS since its inception has been trying to change the thinking of politicians and a part of society that the high standard and the progress of each person is directly dependent on the inviolability of private property.

To what extent do politicians want to reject Bolshevik thinking, you may find out after reading the 24-hour publication, Bulgaria, 85th in the International Property Rights Index. Another shameful ranking for our country. This ranking is not just shameful, but it also shows the reason why Bulgarians are at the bottom of the EU ranking of incomes of the population. It also shows why many Bulgarians want to be realized in other EU or US member states. It also shows why Bulgaria is not a favorite place for foreign investment.
 Below you can hear the interview with Dimitar Kanariev.
11.07.2017, 24 hours online:

            Bulgaria ranks 85th in the International Property Rights Index

  ,,For 2017, Bulgaria scores 4.8 points (10 points) and ranks 85th (out of 127 countries) in the ranking of the International Property Rights Index developed by the Alliance "Property Rights" . This is reported by the Institute for Market Economics, a partner of the Alliance "Property Rights", quoted BTA.

 The report also measures how the protection of property rights affects well-being. Comparison of the results of the index and the economic performance of the different countries reveals serious differences. Countries are divided into five groups (quintiles) according to their score in the index. Leaders in the leaderboard, ie. The first 20 percent of the countries involved enjoy a 13 times higher income per capita (purchasing power parity) compared to bottom countries - the last 20 percent of the countries involved. In addition, the analysis shows that better protection of property rights leads to more entrepreneurship, lower inequality, higher economic freedom, greater citizen participation and greater security, IME said.
 In this year's edition of Bulgaria, Bulgaria marks a new bottom, the Institute writes.

The country's result is declining and no longer achieves half of the possible maximum points. Compared to last year, the country's score declined by 0.2 points, but in the ranking Bulgaria dropped by 19 places. The drop in points is not so great, but given the low base, especially for a European country, maintaining this extremely unsatisfactory level of protection of property rights is startling. At the same time, the dramatic collapse in the ranking shows that while nothing changes in Bulgaria, other countries improve the protection of property rights, reported by IME. Bulgaria is overtaken even by countries such as Mali, the Dominican Republic, Kenya, Honduras and Zambia.

The results in the field of legal and political environment continue to be the lowest, proving once again that Bulgaria lacks the independence of the judiciary, rule of law, political stability and corruption control.

In the field of physical property rights, the indicator for access to loans is growing. However, this improvement follows the recovery of the market, not the result of any efforts by the government.

Intellectual Property Protection has the highest score within the three areas tested - 5.2 of the maximum 10 points. However, this estimate is much lower than the country's score in this sphere 8-9 years ago. "



This article is published without editorial intervention by NABBS


Photo: Archive newspaper 24 hours