Economic bubble

Professor Daniela Bobeva, speaking ahead of the annual scientific conference on Economic Development and Policies, highlighted Bulgaria's advancements in the green transition. Bobeva praised the effective efforts of financial institutions in fulfilling commitments and noted the private sector's rapid shift toward self-financing green projects.

In the 2015 movie "The Big Short," a disenchanted Wall Street banker portrayed by Steve Carell discovers that the until then roaring US housing market rests on flimsy foundations, years of precarious loan-giving, creating a bubble. Our banker, utterly disappointed by the inner rot of the "system," duly proceeds to bet against it and, in doing so, wins a fortune.

The property boom is coming to an end, according to a study by Swiss bank UBS, with Frankfurt and Toronto topping the list of imbalanced markets.

The bank's annual study of the world property market looked at prices in 25 major cities across the globe.

There is no bubble in the real estate market in Bulgaria yet, but obviously, the number of deals and house prices will continue to rise. This was summed up by experts during a discussion on real estate in Bulgaria. The reason for this is the large savings of the population, low-interest rates on loans and the desire to buy a better property.

Among the many things that Greece needs to leave behind in its bid to get back on track in the post-bailout era is the buccaneering nature of businessmen who would openly shun any regulations concerning corporate governance and violate basic codes of morality.

Usually we understand if there is a bubble in a market it is just before it bursts, and before that we make very clever conclusions. My very clever conclusion is that we still do not have a real estate bubble, or at least it is not so inflated that we can expect it won't burst soon. This is what Georgi Pavlov, executive director of Address Real Estate, told Bloomberg TV Bulgaria.

The value of bitcoin has shot up to 20,000 US dollars, double the milestone 10k mark it hit in late November.

Bitcoin surged past $18,000 after it began trading on its first major global exchange on Dec. 10, the latest in a series of highs that have excited some investors while leaving others nervous of a bubble.

Bitcoin is not at a size where it would pose a risk to the global economy, Bank of England Deputy Governor Jon Cunliffe said on Wednesday, as the virtual currency soared to a record high above $10,000 on major exchange, reported Reuters. 

Bubbletale tea bars seem to be popping up everywhere around Athens – if you excuse the pun! Established in 2013 by a creative young team of individuals interested in creating new trends on the local market, the bubble-tea idea is catching on like wildfire. Greek teens are being drawn by the drove like bees to honey.