economic growth

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 …

Do you remember when "smart heads" were roaming the television studios six months ago to comfort us? They were talking about how the crisis may be deep, but it will be short? How we will already be in recovery by the fall? How in 2021 we will fully recover to the levels of economic activity of 2019? How the trajectory of …

|Full text of the analysis| The purpose of this analysis is to review and assess a specific part of the "Action Plan with measures addressing the main problem areas hindering the growth of investments", adopted by the Council of Ministers with the latest revision in 2019. And more precisely, a measure from this plan, relating to ...

Thomas Robert Malthus (1766-1834) was an English economist whose name is associated with an influential theory. He argued that if there are no limitations on resources, population increases in geometric progression. The doubling period is 25 years. Over the same period, food supplies increase in arithmetic progression. This results in a severe …

Author: Frank Shostak, Mises.org The idea that more money can boost the economy is based on the belief that money has a stimulatory effect by increasing aggregate spending. More money in people’s pockets means they can spend more, and the rest follows from that. Money, in this sense, is a means …

Extremely quickly and without almost any in-depth discussions, the 2020 Budget was adopted on first reading this week. We cannot help but be left with the impression that the budget for next year was very much overrun. And it shouldn't be, especially considering that this year the economic …

(Click on the infographic for a larger size) Data source: NSI Commentary The latest NSI data show a significant slowdown in the industrial sector growth in May, due mainly to weakness in the manufacturing industry and sales on the domestic market. The decline in energy production may be due to the more favorable …

As the European Parliament elections approach this month, all the candidates are tripping over each other to explain why we should vote for them, without of course promising anything concrete. And without even directly addressing the serious topics that should be a priority in the pre-election debates. …

Let's not be fooled. The European economy is on the brink of recession. In the last few months, industrial production in Germany has fallen to its highest levels since 2013 (during the Euro crisis). This has dragged down the industry of a number of other European countries, such as Bulgaria, which rely on Germany as a major market …

Source: NSI Comment: In the first month of 2019, consumer price inflation accelerated to 2.96% year-on-year from 2.67% in December, according to the most recent NSI data. Prices in the "entertainment and culture" category increased at the highest rate (8.35%), while the largest decline was recorded in transport prices …