Europe

Steve Hanke: Keep your Savings in BGN when the Euro is Weak

"After the collapse of the euro, it is best for Bulgarians to keep their savings in BGN". The advice comes from Johns Hopkins University in Baltimore professor of applied economics Steve Hanke. He told Nova TV that the imposition of sanctions on Russia actually reflected much worse on Europe. In his words, "they have proved to be a suicidal act for the European economies".

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