national debt

In one of its latest issues, the Financial Times called gold “Trump’s top asset.” Traders and investors expected the arrival of the new president to be accompanied by market behavior for every taste – a strong dollar, a boom in crypto, or a jump in the yield of US government bonds – but the reality turned out to be different. We only see records …

The arrival of the new US government and its signals that the US military presence in Europe may be about to be withdrawn have caused violent reactions on the old continent. On March 4, the President of the European Commission (EC) Ursula von der Leyen officially announced the “ReArm Europe” initiative with a budget of 800 billion euros to improve …

The introduction of the euro usually breaks fiscal discipline, causing government debt to increase. This phenomenon has been observed for a long time, since the very creation of the eurozone in the countries that founded it. Debt burden of a country The ratio of public debt to gross domestic product (GDP) in a country is the most appropriate indicator …

(The Agitation for Happiness or How the Federation of Servile States Came into Being)[1] Krasen Stanchev "Success is going from failure to failure without loss of enthusiasm." (Winston Churchill, 1941) "The more the state "plans," the more difficult it becomes for the individual to plan" (Friedrich von Hayek, 1944) The year 2022 is ...

In last week's article, I presented an analysis of the state of the Bulgarian economy and public finances according to the most recent data from the National Statistical Institute and the Ministry of Finance. The situation, as we have seen, is not at all rosy. Long-term investments have collapsed, private consumption is also starting to weaken, and the negative contribution of net exports to …

Today, the first state budget prepared by the government of the so-called "Coalition of Change" will be submitted for discussion in the National Assembly. Expectations, especially for the party that leads the coalition and controls the Ministry of Finance - "We Continue the Change" - are high. GERB governments, especially the last one, deservedly do not have a very good reputation ...

TEAM · 31. Markets at a Crossroads - Where Will They Go? In the new episode of The Intelligent Investor, we review the following topics: What does the stagnation of stock exchanges over the past month mean? Where will they go from here? Is there a possibility of another correction? What will the sensational speculation of financial …

A few days ago, the credit rating agency Fitch maintained the current assessment of Bulgaria's government debt, but adjusted the "outlook" downwards from "positive" to "stable". This means that Fitch does not believe that in the foreseeable future (most likely by the end of the year) there will be conditions for improving the categorization of the government debt.

In "The Intelligent Investor" we continue to comment on the most current economic developments in the wake of the coronavirus pandemic around the world. In the new episode we discuss: How effective are the quarantine measures implemented in Bulgaria? Are the markets completely irrational now? Why are the stock markets growing while the economy is deteriorating? What are the most current economic forecasts after …

In the new special episode of "The Intelligent Investor" we comment on what has happened in the last few weeks since the coronavirus pandemic escalated worldwide. How badly will different economies, sectors and banking systems be hit? What will happen to government debt, especially in the member states of the European Union? Will there be a new …