Highlights: - Construction production falls in December, but it is still early to talk about a reversal of the strong upward trend in the sector - Inflation also slows, both in consumer and manufactured goods, but remains high - Lending accelerates slightly, with housing lending growing at the fastest pace towards …
More »Gold and Silver as Alternative Investments: Differences in Use
It is a common misconception that gold and silver are nearly identical precious metals and investments. It is true that they are very similar in many ways, and historically the most recognizable uses of each of the two metals – as jewelry and money – are the same. But this is a misleading notion…
More »3 steps towards cleaner air in Bulgaria
We've been on an environmental wave lately. From the case of Pirin National Park and the potential construction of a second lift in Bansko, public attention has shifted its focus to the extremely serious air pollution in large cities, especially in Sofia. If you live in Sofia and have been out in the last few days, you can confirm. …
More »Inflation reaches its highest level since 2013
Highlights: - Higher consumption leads to an acceleration in the pace of inflation in almost all categories of consumer goods and services - Lending to non-financial corporations slows, but consumer credit remains high and supports inflation - Construction production grows again at a double-digit pace, thanks to a recovery in engineering construction - Growth in …
More »Oil: The New (Old) Good Investment?
Happy New Year! Although the last few days have been hectic holidays, we at EKIP have not stopped following global economic events and what is happening in international markets. In my previous article, I shared with you three investment ideas that have serious potential to realize very high returns in 2018. In that article …
More »Three very good investments in 2018
As a start to the latest column of the EKIP, in which we will present investment comments related to the financial markets, instead of reviewing 2017, I decided to look ahead to 2018. This is actually an old tradition on Wall Street - at the end of each year, large funds and banks present …
More »How can we profit from the correlation between gold and silver prices?
A few days ago, towards the end of last week, the ratio of the price of gold to that of silver reached one of its highest levels in recent years. After which, in the last few days, the ratio between the two began to fall and the trend going forward seems to be firmly downward. In this context, these …
More »The three big myths about the Belene NPP
After the publication of the summary of the infamous BAS report on the Belene NPP and its financial profitability, the government is doing everything in its power to convince the public that the Belene NPP is not only a viable but also a necessary project. This, of course, is complete nonsense. The only reason any politician would be interested in …
More »When will the Bitcoin bubble burst?
The bursting of the Bitcoin bubble will happen when the global economic situation begins to deteriorate. This was commented by the editor-in-chief of the Expert Club for Economics and Politics (EKIP) Georgi Vuldzhev on the “Investbook” show with host Dimitar Vuchev. “It is difficult to predict when this will happen, but considering that central banks are already tightening their …
More »Lending growth inflates dangerous construction bubble
Highlights: - Growth in construction production slows slightly but remains significantly above the average levels for recent years - According to the EC, a bubble is forming in the construction sector, which is stimulated by cheaper mortgage lending - Consumer inflation continues to accelerate, inflation of manufactured goods remains unchanged - Industrial production ...
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EKIP– Expert Club for Economics and Politics A Different Opinion