Macroeconomic Monitor
Начало / 2019 (страница 8)

2019

A Europe of failed ministers

Europe is preparing for a new five-year cycle in which it must deal with many internal and external challenges. On the one hand, the US and China are huge economic competitors to the EU due to their greater business freedom (US) and resources (China), and on the other hand, Russian military power and strategic interests also …

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EKIP in the media about VAT differentiation and pension increases

The activity of the experts from the EKIP continues in June with participation in media discussions related to reforms in the pension system and healthcare, the proposal to reduce VAT, entry into ERM II, legalization of marijuana, etc. The topic that most excited the public during the month was the proposal of the MRF to reduce …

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Industrial production growth slows down significantly in May

(Click on the infographic for a larger size) Data source: NSI Commentary The latest NSI data show a significant slowdown in the industrial sector growth in May, due mainly to weakness in the manufacturing industry and sales on the domestic market. The decline in energy production may be due to the more favorable …

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Stocks hit new records in June, as did gold, but investors fear a correction

All stock markets are performing well in June, with the S&P500 even hitting a new record. Government debt is also performing well, with gold prices seeing a very large increase. However, investors are wary because the previous two major corrections in stocks followed similar levels of growth. Analysts expect the Federal Reserve to cut interest rates...

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Banished medicines

This year's budget for medicines in Bulgaria amounts to 1.2 billion leva, forming a quarter of the total healthcare budget of the National Health Insurance Fund. However, our market still lacks certain medicines that are easily accessible in the European market. The lack of these medicines, as well as the abuses on this market, are mainly due to …

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“The Eternal Principles Behind the Successful Child” - a new book about freedom

Dear readers of EKIP, We would like to present to your attention a new Bulgarian book that has caught the attention of our editorial board. Its title is “The Eternal Principles Behind the Successful” Child by the entrepreneur, father and follower of the ideas of freedom Yavor Rusinov. >>>YOU CAN BUY THE BOOK AND VIEW REVIEWS HERE

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Life in Britain's private villages

private villages

The charm of the English countryside is indescribable – breathtaking views, ancient narrow streets, with authentic stone architecture and beautiful houses with interiors from film sets. Before World War II, aristocratic families of the British Isles maintained large landed estates, which included, in addition to mansions, incredible parks and private villages. Today …

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If we don't want a second CorpBank, we must close BDB

BBR

If you follow the local media, you've probably already heard about yet another scandalous loan granted by the Bulgarian Development Bank. This time, it's not about one of the big businesses connected to Delyan Peevski, but about another businessman with a dubious public reputation – Rumen Gaitanski, nicknamed "Vulka", known for his closeness to …

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How did our "Virtual Pension Fund" perform in its first year?

For over a year now, we at EKIP have been conducting a very interesting experiment. With the launch of the Virtual Pension Fund last year, we set ourselves the goal of illustrating what we mean when we talk about alternatives to the current pension system in Bulgaria. A system that, as you may know, we criticize extremely harshly. Because …

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