Author: Rashid Rashid I remember 2006, when I was a third-year student majoring in Ecology and Environmental Protection at the Forestry University, Al Gore's An Inconvenient Truth was shown in our auditorium. I was under the influence of the film for several days. I was completely convinced that global warming was the thing I had been waiting to fight all my life.
More »2019
Industrial production falls for third consecutive month in August
(Click on the infographic for a larger size) Source: NSI Comment New NSI data show that industrial production fell for the third consecutive month in August by 1.33% year-on-year, compared to 1.03% in July. All major subsectors – mining, manufacturing and energy – reported a decline in August. More importantly …
More »More spending and more debt - with these recommendations, Mario Draghi leaves the ECB
Draghi urges Eurozone countries to adopt more aggressive fiscal policies Former central bankers and ECB board members have expressed serious disagreement with the ECB's current policy Interest rates on government debt in Europe continue to reach record lows Stock markets recovered slightly in September, but a new correction at the beginning …
More »Three fiscal ideas for Budget 2020
With the arrival of autumn comes the budget season in the country. The draft budget for the next year (or at least its final touches) is always prepared in October and published towards the end of the month, and every time we from EKIP evaluate it...with great disappointment. This time we decided to take matters into our own hands and …
More »23. A Guide to Navigating the Coming Crisis with Biser Manolov
0:22 – Introduction to the topics in the episode and the special guest financier Biser Manolov 01:02 – News from Bulgaria 01:53 – Why are banks in Bulgaria massively raising fees and commissions? 04:33 – Banks vs. new fintech companies like Revolut – are banks losing the battle? 06:20 – The paradoxical monetary and regulatory policy …
More »Economic status and development of small regional centers in Bulgaria
| Full text of the analysis | In Bulgaria, there is often talk about the lagging behind of small municipalities and districts compared to large ones, but unfortunately never with enough specificity and clarity. While everyone is aware that there are problems in small districts and municipalities, very little is known about what they are exactly and …
More »Hospital care reforms or I want to, but I don't want to
"I will not close hospitals during my term" Election situation and political promises The elections are approaching rapidly, the political situation is intensifying, the promises to the electorate are becoming more radical and unarguable. Each of the candidates is striving to encompass interest groups and satisfy their needs and desires. In this turbulent political …
More »Negative interest rates and financial repression
Author: Mark Thornton, Mises.org We are constantly told that unprecedented levels of money printing by the Federal Reserve and other central banks are necessary to stimulate the economy, create jobs, and generate economic growth. The truth is, this is a scheme to covertly steal purchasing power…
More »What is the Global Climate Strike fighting for?
You may have noticed how in recent days the media, and especially a national television station, have been inundating us with constant information about the climate apocalypse, which seems to be about to plunge our planet into horrors such as fires, floods and wetter summers. These PR exercises, of course, are not accidental. As of today, globally …
More »Negative interest rates are the price we pay for de-civilization
By Jeff Deist, Mises.org Bloomberg Terminal, the financial software used by countless analysts and traders around the world, has a problem: its system can’t price bonds that use negative interest rates. The programmers never even considered such a situation possible, so they didn’t …
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EKIP– Expert Club for Economics and Politics A Different Opinion