As the winter season approaches, the economic outlook is becoming increasingly bleak, both for Bulgaria and for the whole of Europe. Data shows that gas storage facilities in the European Union are filled to relatively satisfactory levels and natural gas prices have started to decline. However, recession seems inevitable in a number of key European economies, led by …
More »Economic measures in Bulgaria: Between the pandemic and the elections
This text was originally published in the collection "2020: Inside and Beyond" It was already clear in March that 2020 would not be easy for the government of Boyko Borisov. A state of emergency was declared just days after the first registered case of COVID-19. This was followed by a collapse in economic activity, a spike in unemployment and …
More »34. 2020 - a bad year, bull markets. What will 2021 be like? (with Alexander Karolev)
EKIP · 34. 2020 - лоша година, бичи пазари. Ами 2021? (с Александър Каролев) 02:55 – Колко грешни бяха прогнозите ни за 2020? 09: 13 – Колосалният пазарен срив през март 2020 – какъв беше мащабът на кризата причинена от Ковид-19? 18:50 – Каква беше реакцията на правителства и централни …
More »Get ready, winter is coming.
Mass restrictions are back. As the pandemic has escalated in recent weeks, a number of countries in Europe have re-imposed closures of most public facilities and businesses. Given that we are only at the beginning of the “cold” season of the year, the horizon for clearing the current escalation in the pandemic situation is very …
More »28. How severe will the coming crisis be?
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 …
More »We are facing a turning point in our financial history.
At the end of 2019, instead of a market commentary on the last month, I think it is appropriate to do a more general overview of the economic and financial trends that we have observed over the past year. Such an overview is extremely valuable right now, because over the past year it has already become very clear that the economic cycle …
More »25. Pre-Crisis Investing with Desislav Vassilev
0:22 – Introduction of the topics and the guest in the episode Desislav Vassilev, licensed investment consultant 02:40 – Financial news from Bulgaria 16:55 – Macro and Markets 25:45 – Fintech and alternative investments 30:51 – Interview with Desislav Vassilev 31:33 - In your experience as a financial consultant, what is your opinion …
More »EKIP in the media for small municipalities, healthcare and Budget 2020
In September, the EKIP presented the analysis - "Economic Status and Development of Small Regional Centers in Bulgaria". The focus was on the 8 regional centers with the smallest urban population in the country since 2007-2008. These are the municipalities of Montana, Lovech, Silistra, Razgrad, Targovishte, Kardzhali, Kyustendil and Smolyan. The data we examined include both …
More »The global financial and economic crisis of 2008 through the eyes of the Austrian School of Economics
Author: Kristiyan Korelov It has been more than a decade since one of the largest stock market panics in the United States occurred. Credit markets had completely stopped functioning (Gorton, 2008), and the situation was very similar to that of the panic of 1907, when banks were in massive need of liquidity and a huge part of …
More »10 years after Lehman Brothers, the bill for the crisis is still unpaid
The world put out the fire with debt that will sooner or later have to be paid. On September 15, 2008, the United States woke up to the bankruptcy of its fourth largest investment bank, Lehman Brothers. With assets of $639 billion (at least on the balance sheet) and $619 billion in debt, it was the largest bankruptcy …
More »
EKIP– Expert Club for Economics and Politics A Different Opinion