national debt

This week, Greek government debt yields fell to record lows. The yield on the country's 10-year government bond fell below 1% for the first time in history on Wednesday, and later fell below 0.9%. This is a particularly significant development, given that Greece is the country that has been …

Author: Mark Thornton, Mises.org We are constantly told that unprecedented levels of money printing by the Federal Reserve and other central banks are necessary to stimulate the economy, create jobs, and generate economic growth. The truth is, this is a scheme to covertly steal purchasing power…

Author: Vasil Kanev About Slavi's show and the show's fame, which suffered a surprising blow On Wednesday (21.11.2018) there was an extremely interesting episode of "Slavi's Show" with a guest - the Bulgarian Prime Minister. Right from the very beginning, I was impressed by the mood of the host - slightly stiff, tense and not particularly happy. …

Did you know that the 2019 Budget of our country includes a higher deficit than that of Portugal, which was in a fiscal crisis a few years ago? The 2019 Budget was officially published on the website of the Ministry of Finance this Monday, and unfortunately, once again the government focuses on higher spending without structural reforms, …

Author: Konstantin Arestov Italy, one of the world's most indebted countries, faces a serious political test after the parliamentary elections on March 4, in which anti-status quo parties will face off against traditional pro-European parties. The next parliament is shaping up to be quite fragmented, making the formation of a new government quite …

Budget 2018 is in fact just a worse version of Budget 2017. The government continues with the same vicious practices of higher spending in the absence of structural reforms and increases in the tax burden, which will worsen the business environment and hit the incomes of workers. And, of course, the biggest disappointment of …

Last week, Finance&Development (F&D), a magazine published by the International Monetary Fund, became a favorite reading for leftists around the world. Trying to ignore what was happening in Venezuela, the fans of the planned economy began to spread the F&D article, bearing the very significant title “Neoliberalism: Overrated?”[1], rubbing their hands in satisfaction that you see …

On March 9, the European Central Bank (ECB) launched its expanded asset purchase program, which was officially announced at the end of January at the central bank’s first board meeting of the year. With the expansion of the program’s scope and volume, the ECB will aim to buy 44 …

About 10 days ago, it became clear to the general public that the government would issue new external debt worth 8.1 billion euros (16 billion leva) in the form of bonds within the period 2015-2017. This news polarized commentators and the public into two camps: defenders of the debt (mainly "right-wing" analysts and ...

Undoubtedly the most important event on the European political scene at the end of January was the decisive victory of the far-left party SYRIZA in the early parliamentary elections in Greece. Although it fell two seats short of an outright majority, the equally extremist (but at the other end of the spectrum) Independents came to the rescue.