Five years after the start of the debt crisis in Europe, which was triggered by the global financial crisis, which later turned into an economic one, Greece is once again at the center of debates about the future of the European Monetary Union. Unlike in 2010-2012, however, the main attention is now paid to Greece, due to the fact that the other …
More »Berlin's rent ceiling: a populist and unhelpful move
This week, Berlin became the first German city to introduce a rent cap on residential properties. In this short commentary, we will look at what the city government’s move could mean, as well as the functions of the price mechanism in a free economy. The cap As of Monday, the new …
More »The myth “Bulgaria will get better when politicians start listening to the people”. Part Three: More examples and conclusions
V. Privatization and concessioning of state and municipal property: This last article brings together several subtopics. What they have in common is that they are systems that are an example of inefficiency and are on the verge of collapse, but there can be no question of taking radical measures to solve the problems, …
More »What's behind Britain's economic "recovery"?
Six years after the collapse of Lehman Brothers, the UK is one of the few developed economies to have managed to regain its pre-crisis level of output (measured by gross domestic product) and is even expected to be the fastest-growing economy among the G7 countries this year. In the third quarter …
More »The minimum wage and its effects on the labor market
The time has come for the drafting and adoption of the state budget, and, as we have become accustomed to every year, there has been talk of increasing the minimum wage (MW). Along with its other social measures, the so-called “right-wing” government has decided to increase the MW twice next year – at the beginning and in the middle …
More »
EKIP– Expert Club for Economics and Politics A Different Opinion