ECB

They ask me where we are with the euro. In the summer of 2018, Bulgaria made unilateral commitments to carry out a number of actions in several areas - as preconditions for our subsequent admission to ERM-2 and the Banking Union. And now everything has been reported as fulfilled. The Council of Ministers is holding a special meeting and ...

TEAM · 30. How serious is the threat to the eurozone? Deep apologies for the poor sound quality! From the next episode we hope to be able to record in more comfortable live conditions and the technical problems will be eliminated! In this episode we once again reviewed the most significant events in the financial world in …

The German Constitutional Court in Karlsruhe has created one of the most serious problems for both the European Court of Justice and the European Central Bank in their entire history. This happened with a decision examining the legality of the ECB’s main asset purchase program, or so-called quantitative easing, called the Public Sector Purchase Programme …

Last week, we thoroughly refuted Prime Minister Borisov's claims about the alleged "benefits" of joining the ERM-II currency mechanism in the current crisis. Now we turn our attention to the other side of the coin - the potential risk that we would take if we joined the currency mechanism. The biggest risk is related to the banking system and is ...

At a special counter-briefing on Sunday, Prime Minister Borissov, provoked by President Radev's statements and veto on the state of emergency law, commented on a range of topics of key importance beyond the pandemic that has hit the world. He made a kind of joke at opponents of joining the eurozone and defenders of the currency board, telling us …

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 …

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 …

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 …

Author: Andrew Moran, libertynation.com When any of the many bubbles burst – choose your poison – and the next financial crisis hits Wall Street and Main Street, how will governments and central banks react? They have already fired all their unconventional bullets, from negative interest rates to massive money printing …

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 …