A few days ago, towards the end of last week, the ratio of the price of gold to that of silver reached one of its highest levels in recent years. After which, in the last few days, the ratio between the two began to fall and the trend going forward seems to be firmly downward. In this context, these …
More »Illegal local referendums and their consequences
Part 3 of a series about local referendums against investment projects in Bulgaria – their causes and consequences. You can read Part 1 and Part 2. The question is in the … question The question of the referendum in Tran “Are you against the municipality of Tran, through the Municipal Council, approving development plans, determining territories for …
More »The tricks surrounding the referendums and the strategy against the mine in Tran
Part 2 of a series on local referendums against investment projects in Bulgaria – their causes and consequences. You can read Part 1 here. Taking into account the results of a local referendum and the ways in which they were achieved allows the parties to interpret them in the direction they want and according to …
More »How did the referendums against investments in Tran and Stara Zagora come about?
Part 1 of a series on local referendums against investment projects in Bulgaria - their causes and consequences: Autumn has come and the topic of local referendums will become relevant again. This is not a forecast, but simply the logic of the social processes in our country over the past 2 years. And this is an occasion to look …
More »Macroeconomic Monitor: The average salary in Bulgaria exceeded 1,000 BGN.
Highlights: - In the first quarter of 2017, the average salary grows at a record pace for the last 7 years - The average wage is likely to continue to grow at a similarly fast pace for the rest of the year - Employment reaches one of its highest levels in the last 10 years - Exports grow at the highest rate since 2011 ...
More »Not populism, but pragmatic solutions for Sofia residents
Is it normal to wait for solutions in favor of only a handful of protesters, until the investor is completely wiped out? Hardly anyone would dispute that Sofia is a city that is constantly developing. Positive changes are a fact visible to everyone. Sofia is also the city with perhaps the most active residents. Unfortunately …
More »How did the IMF "beat the Rand" and excite leftists with the "end of neoliberalism"?
Last week, Finance&Development (F&D), a magazine published by the International Monetary Fund, became a favorite reading for leftists around the world. Trying to ignore what was happening in Venezuela, the fans of the planned economy began to spread the F&D article, bearing the very significant title “Neoliberalism: Overrated?”[1], rubbing their hands in satisfaction that you see …
More »Investments in conditions of economic uncertainty - Bulgaria 2015-2016
Business forecasts about the future state of the economic climate have a significant impact on investment in an economy. Theoretically, increased economic uncertainty invariably leads to a decrease in investment activity (Bloom 2014 and Jurado et al. 2015). However, its quantitative measurement is a difficult undertaking. Economics uses an extremely diverse set of methods to …
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EKIP– Expert Club for Economics and Politics A Different Opinion