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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 …

(Notes on the discussion of the idea in the media, statistics, the Quran and the Bible) Author: Krasen Stanchev "The matter I am considering is the same as that which Thomas Hobbes had in mind, only it is more enormous." - Woody Allen In addition to the analogies "that's how it is in the USA", "I experienced" this bankruptcy, "in many EU countries there is such a ...

Two days ago it became clear that the European Commission is proposing a new bridge loan for Greece. The idea is that our southern neighbor will receive 7 billion euros, maturing in 3 months, with the money to cover the repayment of its debts to the IMF (3.6 billion euros) and the European …

Russell Lamberti It is considered politically incorrect these days to criticize culture, but whether it uses euros or drachmas, whether it is in the European Union or not, Greece needs to somehow correct its cultural dysfunction. I am not talking about the customs of the people of the country, about their traditions, about the architecture, …

Among the huge volume of news surrounding the negotiations between Greece and its EU and IMF creditors this week, a more curious one has crept in - the central bank stated in its report on the country's monetary policy that if an agreement is not reached, Athens will embark on a course towards bankruptcy and leaving the eurozone. …

Frank Hollenbeck Greece is back in the headlines. This should come as no surprise to anyone. It would be naive to think that the Greeks would accept to remain in debt forever. Despite all the rumors that Greece will be forced to leave the eurozone, there is actually no such mechanism through which the member states of the European Union (EU) …

The topic of state railways has been a favorite political chewing gum since the very beginning of the transition. Especially considering the fact that the railway company (as a classic state enterprise) in its slow death has become a black hole for taxpayers' money. The annual state subsidy for passenger transportation with discounted tickets alone amounts to …

Even today, the thesis continues to exist that Bulgaria's economy flourished in the period 1945-1990. And even that Todor Zhivkov's rule was positive, as a recent study indicates. In this article, we will examine some statistical, historical and economic sources to see if this is so. The bankruptcy …