Macroeconomic Monitor
Начало / 2020 / февруари

2020.02

What's the problem with the 2019 GDP data?

Today, the Bulgarian Socialist Party (BSP) accused the government of manipulating official statistical data on the country's current account, and hence - on the gross domestic product (GDP). The BSP's claim is that in practice one of the main components of GDP - net exports - was overstated in the 2019 data because ...

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A call for the security and future of our money and savings

You can support this call by signing our petition at this link. You can download this call as a separate document at this link. The currency board and the stability of the leva provided the basis for everything we have managed to build in the economic field in Bulgaria over the past 23 years. For this …

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The ECB is inflating a dangerous bubble in the eurozone's sovereign debt

This week, Greek government debt yields fell to record lows. The yield on the country's 10-year government bond fell below 1% for the first time in history on Wednesday, and later fell below 0.9%. This is a particularly significant development, given that Greece is the country that has been …

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3. Architecture, modernism and how to preserve our heritage (with Vasil Makarinov)

Stoyan Panchev talks to Vasil Makarinov from the Architectural Modernism Foundation. You will be able to hear about the history of Sofia, how its appearance came about, what lies behind the past of some interesting buildings from all over the country, how history is preserved, what work the guys from Architectural Modernism do to …

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How badly is the global economy being hit by the coronavirus?

The epidemic in China has caused an almost historic slowdown in global trade in recent weeks. In Europe, the most directly affected are the large economies such as Germany, France and Italy. Italy and France recorded a decline in GDP at the end of 2019, while the total GDP of the euro area rose by only 0.1%. The situation may …

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