The ECB’s Governing Council has decided to abolish the 500-euro note, it was announced on February 15. It is the second most widely used denomination after the 50-euro note. It also accounts for 30% of the value of physical euro banknotes in circulation. Why is this move important and what are the effects? …

Record sales of US government securities by central banks around the world. The Chinese central bank is selling massively from its foreign exchange reserves, the Russian, Brazilian, Taiwanese — too. Although China is still the leader in holdings of US government securities for 1.4 trillion, it has thinned them by 200 billion dollars since August. The net …

Kuzman Iliev States hate Uber and try to hinder the company by restricting, punishing or removing it from the market. Always and everywhere. But why is this prominent representative of the so-called "sharing economy" a thorn in the side of the French, Belgian, Bulgarian and generally conceptually every government? What does it threaten them with...

"Economic growth" has become one of the most overused mantras these days and serves as a justification for almost every inefficient government spending, government intervention in market relations, or favoritism for businesses close to power. All parties — except one — comment at length in their programs on the recipes for how …