financial crisis

The factors that lead to the current crisis in Turkey are at a fundamental level two. The huge balance of payments deficit and high levels of price inflation, especially since 2012. In turn, these two factors are a direct result of the fiscal and monetary policies that Turkey has chosen to follow over the last …

The bursting of the Bitcoin bubble will happen when the global economic situation begins to deteriorate. This was commented by the editor-in-chief of the Expert Club for Economics and Politics (EKIP) Georgi Vuldzhev on the “Investbook” show with host Dimitar Vuchev. “It is difficult to predict when this will happen, but considering that central banks are already tightening their …

Fears of a financial crisis in China have come to the fore again after, shortly before the end of 2013, 7-day interbank interest rates jumped to levels above 10% for the second time in the last 6 months. In response, the central bank intervened, injecting around …