Eurozone

Crises expose the bones of reality, dispel the fog of political formulas and incantations. We usually spend the dramatic moments that have come into the public spotlight, separated from the real events in a fabricated version of the true facts. Effigies smeared with lipstick and adorned with sequins, we wage our ritual battles in front of the media cameras, …

In the first episode of "The Intelligent Investor" for 2020, Metodi Tsanov and Georgi Vuldjev summarize the main financial and economic events from the beginning of the year and how they affect the financial markets. The effects of the coronavirus epidemic, central bank policy and government debt interest rates are among the topics that …

You can support this call by signing our petition at this link. You can download this call as a separate document at this link. The currency board and the stability of the leva provided the basis for everything we have managed to build in the economic field in Bulgaria over the past 23 years. For this …

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 …

The epidemic in China has caused an almost historic slowdown in global trade in recent weeks. In Europe, the most directly affected are the large economies such as Germany, France and Italy. Italy and France recorded a decline in GDP at the end of 2019, while the total GDP of the euro area rose by only 0.1%. The situation may …

In the debates that erupted this week over the dangerous amendment to the BNB Law, the authorities were forced to launch into a desperate defense of the current political course towards the fastest possible membership in the eurozone. One of these desperate defenses was the claim made by Prime Minister Boyko Borisov that joining the eurozone would …

To the Chairman of the Committee on Budget and Finance of the National Assembly The Minister of Finance of the Republic of Bulgaria The Governor of the Bulgarian National Bank OPINION By Stoyan Panchev In his capacity as Chairman of the Expert Club for Economics and Politics - TEAM DEAR MADAM CHAIRMAN, DEAR Mister MINISTER, DEAR Mister GOVERNOR, …

54% of adult Bulgarians want a referendum on Bulgaria's entry into the eurozone 50% of adult Bulgarians are against the introduction of the euro, only 19% support it Voters of the major parties are against the euro, while their elected officials – 60% of adult Bulgarians consider the leva a stable currency The majority of Bulgarians do not …

Author: Nikolay Nenovski Professor at Jules Verne University, France Former member of the BNB Governing Board The material was written on October 30, 2019. Due to the limitations of the text size, I will formulate my views as theses. On the monetary policy of the ECB and in general on the monetary policy of the leading central banks I believe (and …

Half of the largest banks in the Eurozone would not survive more than 6 months in a liquidity shortage in the market Germany's GDP rose by only 0.1% in the third quarter compared to the second quarter of this year Stock market indices are performing well despite the problems in the real economy of Europe Pension fund yields …