Let's be honest: the way the Bulgarian media covered the latest stress test and conveyed the information presented by the ECB in the official press release was contradictory. The articles in some media were of the type "The stress test showed that the banking system is stable", while the text itself contradicted the headline by saying that ...

Author: Hristiyan Atanasov About a month ago, The Wall Street Journal published an article explaining the intentions of the Eurosceptic parts of the Italian political sector to issue mini-bonds (mini-BOT from Buoni Ordinari del Tesoro – i.e. lit. “small ordinary treasury bonds”) with a face value of €50[1], according to other sources €100. The idea of …

Author: Jean Wilbert for fee.org Healthcare. Education. Along with others, these “goods” are considered so important that most modern governments go to great lengths to provide them to people on low incomes. Of course, we can’t really deny how important these services are. In a 2016 study, …

00:23 - Introduction to the topics in the episode and our special guest Blagovest Belev from BlockChain.BG, with whom we will talk about investments in cryptocurrencies. 01:10 - How has the EKIP Virtual Pension Fund performed recently? 03:15 - Financial news from Bulgaria 19:00 - Macro and Markets - global news ...

| Full text of the topic | There is an understanding that all historical knowledge is relative, dependent on the point of view and destined to change over time. One of the main reasons for thinking about history in this way is the fact that it allows the names we use for different periods and complexes of …

Author: Vladislav Panev Bulgarian energy is the sector with the least real market and the only way to explain the processes in it is with a strong influence of the backstage. Varna TPP, for example, was an absolutely unnecessary asset while it was owned by CEZ. After the Czechs sold it to the former minister Danail Papazov (later he went …

Last week, the Confederation of Bulgarian Trade Unions (CITUB) announced a proposal for restructuring the tax system in Bulgaria, which includes 9 measures for “fairer” taxation. Of course, coming from their side, “fairness” means an increase in the tax burden. The unions are proposing a number of reforms to the system, most of which are the introduction of new and increases in old taxes – …

Source: NSI Comment: In June, consumer price inflation slowed significantly to 2.83% year-on-year from 3.51% in May, according to the latest NSI data. This is the lowest inflation rate recorded since the beginning of the year. Inflation slowed in both food and non-food goods, as well as …

Last week, the largest trade union organization in Bulgaria, the Confederation of Bulgarian Trade Unions (KITUB), publicly presented a proposal for a comprehensive tax reform. Among the many points put forward by the union, two measures stood out as the main pillars of the reform – the introduction of a non-taxable minimum for income tax and the creation of a new "wealth" tax to be imposed on …

After three days of secret meetings and pledges in Brussels, European Union leaders emerged from the conference rooms with consensus candidates for the most important political posts in the bloc. The biggest surprise of the four nominations is that of current IMF chief Christine Lagarde, who is set to succeed Mario Draghi as ECB president. Although …