To defeat populism requires coming to grips with a fundamental reality: bad economic policies no longer necessarily result in a government losing power.
In fact, it is now entirely possible that irresponsible populists may actually strengthen their chances of being re-elected by making wilder and more impossible promises - and by causing more economic damage.
The closing auctions determined the hue of the indexes at the Greek stock market on Thursday, securing some gains for the benchmark, blue chips and banks, while the mid-cap index closed without a change. There was notable growth in early trade, but those gains evaporated later on before the auctions pushed the majority of stocks back into positive territory.
The GDP growth rate declined from 3.6 percent in 2017 to 3.1 percent in 2018. This is stated in the Annual Report 2019 "Economic Development and Policy in Bulgaria: Assessments and Expectations." Focus topic: Structural imbalances and risks for the economy "by the Institute of Economic Research at the Bulgarian Academy of Sciences.