Anna Peychev
@annapeychev.bsky.social
170 followers 180 following 31 posts
Research Fellow EUI_Schuman | ex EUI MaxWeber | ex Ministry of Finance BG | EU Law & Political Economy, ECB, ESM | PhD Kent Law | here under protest | opinions very much my own
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annapeychev.bsky.social
There are no right words to explain this loss. Christian lifted people up, but did not suffer fools gladly. He had faith in you long before you believed in yourself and with his example of never ceasing curiosity and kindness raised generations of academics to do good in the world.
europeanlawopen.bsky.social
We're heartbroken at the news of Christian Joerges passing away. Kind, generous, and irrepressibly curious about people and their ideas, his life and work taught so many of us what makes academia worthwhile. Much love and strength to Michelle and the family. Mehr Licht!
Reposted by Anna Peychev
ecb.europa.eu
Bulgaria has made good progress towards economic convergence with the euro area.

This paves the way for Bulgaria to adopt the euro as of 1 January 2026 and become the 21st EU Member State to join the euro area, says Chief Economist Philip R. Lane www.ecb.europa.eu/press/other-...
annapeychev.bsky.social
Но пък има 'почерк', нали?! Това хич не е за омаловажаване в - как го казаха от Министерството в СЕГА? - 'в свят, в който вниманието е най-ценният ресурс'.
annapeychev.bsky.social
Ще следвам това пространство... в очакване да се заредят картинките!
annapeychev.bsky.social
Със сигурност част от националната туристическа стратегия! Концесионерът на Летище Соф - оп! - 'Васил Левски' също е в играта - вече няма прЕмоция 3 за 2 консерви шкембе в дютифритУ
annapeychev.bsky.social
Нищо не разбираш - това е feature, не е бъг! Хората подготвят туристите отдалеч за какво иде реч, да няма после изненадани. НО има и друга възможност - просто сайтът е толкова модерен, че предоставя на такива IT хейтъри като теб персонализиран експириънс с цел повече кликове в крак с ПР стратегията!
annapeychev.bsky.social
I hear Politico Europe are hiring editors...

How about we try 'persevere' and call backsies on the 'centuries' to settle instead for 'decades'?
Reposted by Anna Peychev
annapeychev.bsky.social
63% по-#благословенисме
Reposted by Anna Peychev
hartpublishing.bsky.social
New: 'Hidden Fallacies in Corporate Law and Financial Regulation: Reframing the Mainstream Narratives' edited by Saule T Omarova, Alexandra Andhov and Claire A Hill bit.ly/3Ps84bR

#CorporateLaw #FinancialLaw
Banner showing the cover image of 'Hidden Fallacies in Corporate Law and Financial Regulation' and the text: Interrogates long-standing assumptions and beliefs that have remained unexamined for decades.
annapeychev.bsky.social
So very happy this piece is out! Christian Joerges - both the man and his scholarship - has meant so much to so many of us. I can only hope to have done his work justice!

With many thanks to @vbogoesky.bsky.social, @annabeckers.bsky.social, and @europeanlawopen.bsky.social for making this happen!
annapeychev.bsky.social
Врътката е да държиш минусите четни! ;)
annapeychev.bsky.social
If we were tweet-ing on Twitter, are we... BS-ing on here?!

It's a legitimate question!
annapeychev.bsky.social
Whether celebrating some time off, family traditions, or simply being with your loved ones - best wishes for the season and into the New Year!🍾🎄

As far as 2025 resolutions go, have you considered sharing your ideas abt the EMU at the EUI @eui-eu.bsky.social?

Florence really is beautiful in spring.
annapeychev.bsky.social
Of course, there isn't! The market pretends to enact discipline, while looking to make quick profit.

The EU has a fully operational framework for such scenarios ever since the eurozone crisis (Reg 472/2013 + ESM), making sure that - like a good Lannister - Member States always pay their debts.
annapeychev.bsky.social
Is this for real right now?

You know how else the increase in sovereign borrowing costs might come about? When you downgrade a country's rating with a pretence there is tangible risk to French sovereign debt.

www.ft.com/content/010b...
annapeychev.bsky.social
Interesting times lie ahead when 🇧🇬 adopts the 💶.

After years of deliberately ignoring (or opposing) that possibility, the BNB is now the guardian of prudent EU economic & monetary governance in a country facing an 8th round of Parliamentary elections in a little over 4 years.
annapeychev.bsky.social
⭐ But perhaps best of all: ⭐ the BNB was given HALF a workday to review the draft budget and issue its opinion.

www.bnb.bg/bnbweb/group...
annapeychev.bsky.social
2/2

List of grievances:

✅ Draft budget = risk to fiscal stability and Maastricht criteria
✅ Insufficient consolidation & support of econ growth
✅ Why not coordinate fiscal & monetary better?
✅ There is a new SGP - Where is the 1.5% deficit resilience safeguard? (Arts 2(4), 8 Reg (EU) 2024/1263)
annapeychev.bsky.social
Then it gets more interesting.

2️⃣ With a slight whiff of the Trichet-Draghi letter c.2011, BNB tears into the draft budget, sort of taking over the job of the BG Fiscal Council (who are, admittedly, not the most active bunch).

www.fiscal-council.bg/bg
Фискален съвет
www.fiscal-council.bg
annapeychev.bsky.social

1️⃣ the Bank embraces its newfound independence and complains abt draft budget Art 108 (MinFin tinkering with central bank profits/reserves) being in conflict with Arts 123 & 130 TFEU

- The ECB should have been consulted (Art 127(4) TFEU) ➕ I'll add: Art 263 TFEU ramifications.
annapeychev.bsky.social
My note: EU law remains 'blind' to FRA budget dynamics until deadline for action on EDP (+economic partnership programme via 2Pack) in April.

Debt sustainability calculus remains entirely in the discretion of ECB. Pray ESM and EU_Commission don't issue conflicting DSAs.