Two years after the last attempt to remove the cap on cash payments, it is time to raise the topic again. But this time, not to remove it, but to increase it, or better yet, to remove it completely. The Expert Club for Economics and Politics recently published a report, …

As a result of these developments, alternative investment strategies such as the "Permanent Portfolio" performed quite well. The average yield of Universal Pension Funds in Bulgaria remained relatively stable. Bitcoin suffered a relatively bad month, despite its widespread perception as a "safe haven asset". The yield curve remained inverted in the US - how long will it …

0:22 – Introduction to the topics in the episode and special guest Georgi Demirev, founder of ocenime.bg, a site for analyzing the real estate market in Bulgaria. 02:27 – Financial news from Bulgaria 13:26 – Macro and Markets 22:25 – Fintech and alternative investments 31:27 – Interview with Georgi Demirev 31:41 - …

| Full text of the analysis | A number of proven patterns in economic science indicate that restricting cash payments would not have a significant effect on the size of the shadow economy. The latest report by the European Commission on the effectiveness of restrictions on cash payments in the European Union unequivocally confirms that …

Mass industrialization under central planning In his memoirs published after the fall of the Bulgarian Communist Party regime, Todor Zhivkov wrote that his government returned the gold reserve back to Bulgaria. This is perhaps one of the most notorious lies of the communist dictator. Contrary to Zhivkov's claims, in the 1960s …

The US Federal Reserve cut interest rates for the first time in more than 10 years. The market correction that investors feared occurred, but it was not particularly sharp. Due to the worsening stock yields and the interest rate cut, the price of gold shot up. The main yield curve is …

(Click on the infographic for a larger size) Data source: NSI After a serious slowdown in growth in May, the latest NSI data show that industrial production and sales completely collapsed in June. Both production and sales are reporting record levels of decline for the last 5-10 …

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 ...

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 ...

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 …