Economy

Before the global financial crisis, the spread between German bond yields and those of other eurozone countries was relatively narrow and constant. The very membership of the countries in the monetary union was seen as a guarantee of their stability and solvency, which for a long time distorted the markets' perceptions of individual sovereign …

Borislav Shterev | Yavor Aleksiev Two weeks ago, Palestine was admitted to UNESCO as an official member - a recognition that put it on an equal footing with all sovereign states. This act, although it does not have the same force as official recognition by the international community (in the person of the UN) and does not …

As most of you probably know, the Ministry of Education, Youth and Science (MoEYS) is preparing a rating system for higher education institutions in Bulgaria. It is an attempt to objectively assess the level of education in our country and uses some principles of already existing European and international rankings. Assessing quality is not, in principle, …

Kirill Mirchev As expected, at the United Russia forum held in Moscow in late September, Russian President Dmitry Medvedev and Prime Minister Vladimir Putin agreed to swap their positions in the country's government for the next decade. Medvedev will be the leader of the party list and, accordingly, the prime minister ...

The regulation on the restriction of short selling and trading in credit default swaps, voted on by the European Parliament a month ago, once again demonstrates the chronic inability of European leaders to put into practice their previously stated intentions on a given issue. The decision in question was declared “key” in …

The first part of the article can be found here. The Big Three The three largest official agencies that largely dictate the rules of the market are: Moody's, headquartered in the US, and the company holds a 40% market share. The largest shareholder in Moody's is Warren Buffett's company Berkshire Hathaway Inc; …

The movement that is encouraging the occupation of financial centers around the world (which started on Wall Street in New York) has reached where I live – London. The protesters’ tents are pitched in front of St. Paul’s Cathedral, very close to the London Stock Exchange. As someone who identifies as a libertarian, I decided to do a short …

The world has been through all sorts of economic, political, and social turbulence over the past four years. The period has certainly put the status quo and world order to the test, but was it all as spontaneous and unforeseen as it is being said? If we assume that we are in a planned phase of a strategy to centralize global power, then …

At this stage in the development of the eurozone debt crisis, it would hardly be an exaggeration to single out the lack of political will at the national and European levels and the institutional immaturity of the union as the main obstacles to making effective decisions to resolve the accumulating problems. Unpopular, but necessary for the return …

News of another study often appears in the media, according to the results of which young people are apolitical, work for money, put material things first, and other similar significant observations. In light of the recent turbulent weeks in our country, the current election campaign, and the development of civil society in recent years, such as …