IMF Predicts Slower Economic Growth for Bulgaria in 2025
The International Monetary Fund (IMF) has revised its forecast for Bulgaria’s economic growth, predicting a slowdown to 2.5% in 2025
The International Monetary Fund's "imprudent over-commitment of funds" leaves the institution "no choice but to pull the plug" on Athens, a renowned economist has said.
According to Steve Hanke, a Professor of Applied Economics at the Johns Hopkins University in Baltimore ant a Senior Fellow at the Cato Institute in Washington, IMF's intransigence with regard to recent Greek demands in debt talks could be easily explained with the "exceptional access" policy it applied to Greece for years.
Lending by the IMF is normally limited to up to 200% of a country's quota (contribution to the fund) in a year and 600% in total, whereas Greece has already received "an astounding 1 860%" of its quota, Hanke explains on the Huffington Post.
The developments at Bulgaria's predominantly ethnic Turk DPS party will result in the foundation of an Islamist party for the first time in Bulgarian history, a historian has warned.
The Bulgarian National Bank has to change the way it publishes information about the banking system in Bulgaria, renowned economist Prof Steve Hanke has said.
"How could you believe a lie said by an anonymous person?" PR Expert and Novinite publisher Maxim Behar has said during a TV discussion about Internet trolls.
A terror attack is the least likely version to explain the incident with a suspected "homemade bomb" found in a bus traveling from Prague (Czech Rep.
In an article titled “Greece: Down and Probably Out”, Professor Steve Hanke argues that another Greek debt default is just around the corner.
Novinite is publishing an text by Isidoros Karderinis, a Greek author whose articles on the country's economy has been widely published in Greek and Spanish economy magazines.
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase