EKIP: Dear readers, we present to your attention an extremely valuable analysis of the "Theory of the Optimal Currency Area" and Italy's experience in introducing the euro. There are many useful things that can be learned from the experience of other countries in joining the eurozone, from which Bulgaria should learn a lesson. On …
More »Why is South Korea handling the pandemic better than Italy?
Author: Matthew Tanous, disinthrallment.com By now, everyone is painfully familiar with the Covid-19 pandemic that is ravaging the world. Strict travel restrictions are being imposed around the world, people are being tested en masse, everyone is preparing or already imposing serious quarantines, and ordinary people are worried about job security …
More »The ECB is inflating a dangerous bubble in the eurozone's sovereign debt
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 …
More »Ottoman paper money as an Italian mini-VOT. A historical parallel.
Author: Hristiyan Atanasov About a month ago, The Wall Street Journal published an article explaining the intentions of the Eurosceptic parts of the Italian political sector to issue mini-bonds (mini-BOT from Buoni Ordinari del Tesoro – i.e. lit. “small ordinary treasury bonds”) with a face value of €50[1], according to other sources €100. The idea of …
More »How right is Salvini about the “Brussels bunker”?
The direction of his argument may be wrong, but not his substance. Italy has really been infuriating Europe lately. The populist government, led by the outside-the-box Five Star Party of comedian-turned-politician Luigi Di Maio and Matteo Salvini’s Northern League, has announced it will publish a 2019 budget with a deficit …
More »Ep. 3: What do we need to know about the main types of investments?
00:50 - What topics will we discuss in this episode? 04:58 - How did the various virtual investments of the EKIP Virtual Pension Fund perform in May? 16:50 - Answers to feedback and questions we received after the previous episode of the podcast 20:00 - What is "compound interest" and how through reinvestment …
More »Ep.15: Belene and the Future of Europe
02:10 - Nord Stream and Belene NPP 31:30 - The Italian "parallel currency" and the return of the crisis in the Eurozone Links: The revival of the Belene NPP The three big myths about the Belene NPP What did they say and what did we understand about the Belene NPP? Belene NPP: The unnecessary energy project that refuses to die What is the "parallel …
More »Will anything change in Italy after the elections?
Author: Konstantin Arestov Italy, one of the world's most indebted countries, faces a serious political test after the parliamentary elections on March 4, in which anti-status quo parties will face off against traditional pro-European parties. The next parliament is shaping up to be quite fragmented, making the formation of a new government quite …
More »How the ECB's monetary policy pushed Italian banks to the brink of bankruptcy
As it became clear last week, the banking sector in Italy is in a serious financial crisis and many of the country's largest banks are facing bankruptcy, which is why they need an urgent injection of capital. In the midst of the dispute between Italian Prime Minister Matteo Renzi and statesmen in Berlin and Brussels ...
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EKIP– Expert Club for Economics and Politics A Different Opinion