Causes of the European debt crisis

Financial Analyst: The Expensive Dollar will have a Negative Impact on the Import of Raw Materials

"The war in Ukraine and its consequences are the main reason for the leveling of the euro against the dollar. For the first time since the beginning of the new millennium, we have seen parity between the world's two major reserve currencies". This was stated by the economist and financial analyst Boris Petrov in an interview for BGNES

Bulgaria Boasts Positive Current and Capital Account for 2020

Bulgaria's current and capital account showed a deficit of115.6 million euro in December 2020 against a deficit of 248.1 million euro in the same month of 2019, the central bank said Friday. The current and capital account had a surplus of 1,009.6 million euro (1.7 per cent of GDP) in January-December 2020, compared to a 2,739.1 million euro surplus (4.5 per cent of GDP) in 2019.

Economy reports quite bearish, but roadshows reveal positive sentiment

International observers expect the Greek economy to slow down next year to a level far from the government's 4 percent growth target. They also see Greece missing out on the European Central Bank's bond-buying program as the country is considered unlikely to regain an investment grade credit rating.

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