In the beginning it was the shock from the crisis. Then a lot of ideas for overcoming the crisis came - from over-regulation on a national level to reforming the international financial institutions, accompanied by common efforts. In the end, we reached the level of everyone on his own and from ... more

The management of the Greek economic crisis raises some disturbing parallels with the aftermath of the Peloponnesian war, writes in an analysis for the Financial Times the economic issues columnist of the daily Wolfgang Münchau. The war ended in 404BC, when the victorious Spartans imposed on Athens ... more

As Europe emerges from the crisis, it confronts three major long term challenges: rising debt levels made worse by an aging population, tension between national and community institutions, and excessive dependence on imported energy. In a very timely and deep analysis the former EU ambassador to Washington ... more

Is no news good news? This is the question to which Sergey Aleksashenko, former deputy minister of finance of the Russian Federation and former deputy governor of the Russian central bank is trying to answer in an article for the Carnegie Endowment for International Peace. According to him, Russia's ... more

Bulgarians, and maybe not only them, are quite keen on ignoring without reason news like: "The government paid on the very next day the subsidies of the Bulgarian Railway Company" or "The cabinet, after the order of the prime minister, immediately paid the money of the High Court Council ... more

The trainee at the Institute for Market Economy (IME) Alexander Ivelinov heavily criticizes in a paper the 10 most important achievements of the Eu for 2009: building the road to economic recovery; cheaper mobile telephone communications; attraction of resources to fight dementia; a new light on climate ... more

In 2010 the Bulgarians will work for the state 5 months to pay taxes. The so called "Liberty Day from the Government" in the past several years was in the end of May but in 2010 it is expected to jump into June, the Institute for Market Economy (IME) forecasts. The economist Petar Ganev has ... more

By the middle of 2010 a significant turnaround is expected soon in their labor, inventory, and investment demand, with employment expected to improve. This is the forecast of a group of economists from the Carnegie Endowment for International Peace, the World Bank, the IMF and the American Enterprise ... more

Most international and internal forecasts focus on several issues that were important to forecast this time last year too. However, many of them do not count one quite significant factor which affects almost all issues - China. Why?

Because for the past months, or even years, China stopped needing the ... more