TEAM · 33. A new rise in the markets - is it justified? 0:24 – Start 0:45 – The US elections and their impact on the markets 09:15 – News about successful developments of vaccines for Covid-19 and the reaction of the markets 13:40 – Do the markets remain overvalued? 20:00 – When will we see inflation? …
More »Get ready, winter is coming.
Mass restrictions are back. As the pandemic has escalated in recent weeks, a number of countries in Europe have re-imposed closures of most public facilities and businesses. Given that we are only at the beginning of the “cold” season of the year, the horizon for clearing the current escalation in the pandemic situation is very …
More »32: Is the crisis over?
TEAM · 32: Is the crisis over? 0:21 – The macroeconomic dimensions of the current crisis (labor market, banking system) 11:02 – How does the crisis affect P2P lending platforms? 15:07 – Will we see another mass quarantine due to the "second wave" of Covid-19? 18:17 – The policy of central banks at the moment and …
More »Budget 2021 - record spending and not a single anti-crisis measure?
Houston, we have a problem. Judging by all the news and statements from the government on the subject, it looks like Budget 2021 will be the most wasteful in a long, long time. The entire budget process and the discussions surrounding it are extremely puzzling to anyone with basic economic literacy. Why in …
More »The legacy of Vladislav Goranov
Vladislav Goranov has decided to become a lobbyist. This is the gist of the news that the former finance minister has decided to establish a consulting firm after his resignation from the GERB government. All doubts about a potential conflict of interest aside, hardly anyone can be seriously surprised by such news. Still …
More »Why is Borisov refusing to resign?
Mass protests in Bulgaria have been going on for two months, but the government stubbornly refuses to resign. Despite the obvious damage this is doing to the ratings of the government and the prime minister himself, despite the increasingly critical tone of the foreign press, GERB and United Patriots are determined to hold on to power until the last moment...
More »To leave "Mutroland"
On Friday morning, the media broke the news that the toy retail chain "Hippoland" was being inspected by the National Revenue Agency, Economic Police, and the General Directorate of Market Supervision. This happened exactly one day after employees of the company joined the organized protests against the government and after ...
More »The new social measures: Pointless and hindering recovery
Today, Prime Minister Borissov announced a new package of economic measures to combat the crisis worth 2 billion leva, with a strong emphasis on higher healthcare spending and social spending for pensioners and the unemployed. Although these social measures are not particularly large-scale in themselves, they signal a very wrong approach …
More »Are we capable of qualitatively absorbing the new EU funding?
After hundreds of sips of coffee with "sugar", Prime Minister Borisov triumphantly returned to Sofia a few days ago and declared. The Prime Minister did not hesitate to boast that the negotiations on the European Recovery Fund and the next EU Budget ended with a definite success for Bulgaria and almost personally he ...
More »In love with the leva
Author: Steve Hanke Earlier this year, we witnessed a dramatic slowdown in Bulgaria’s headlong rush to abandon the leva and adopt the euro. Prime Minister Boyko Borisov sensed that Bulgarian society was not in favor of being included in the European Monetary Mechanism ERM-II. The year 1997 was both the worst and the best …
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EKIP– Expert Club for Economics and Politics A Different Opinion