What Is Happening with Money and Prices?
The 20th anniversary of the euro was marked by an increase in price inflation. In the euro area, annual consumer price inflation reached 5% in December 2021. Lithuania recorded the highest rate of 11%.
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Bulgaria Wants to Enter Eurozone Waiting Room
The presentation of the recently published ECB and EC reports was highly anticipated by Bulgarians, as the Bulgarian government’s intention is to officially sign up for the eurozone waiting room by the end of June.
Can Bulgaria’s Accession to the Eurozone Lead to Uncontrolled Public Spending?
Bulgaria’s accession to the Eurozone became again a part of public discourse, after the minister of finance of the first Borisov government gave up on it in 2012. This will without a doubt bring opportunities as well as threats for the economy, and more often than not opinions are polarized.
National Currency Is Not Like a Bike Gear
For Poland, introducing euro is, strategically, a very important step. The discussion (so far only theoretical) is conducted in two areas. First, a political debate is devoted to the direction of our integration. There is, however, a second debate – a strictly economic one.
When Will Bitcoin Finally Collapse? Three Potential Threats
A profound majority of BC´s computing power and trade volume comes from China. Yet, the Slovak government has been continuously concentrating its efforts in the carefully navigated state process of undermining the use of BC in the country. Fortunately,so far to no avail.
India´s Cash Run Ignites Demand for Bitcoin
South Korea has embarked on a completely opposite course by recently announcing its intention to regulate digital currencies. The Financial Services Commission decided to proceed with further regulation in the light of the increasing popularity of Bitcoin in the country.
European Parliament Debates Bitcoin
The last couple of weeks bore witness to some interesting news. Headlines generated from ranks of the European Union were complemented by updates from the realm of new technologies and applications continuously on a crusade of further progress and development even in the world of virtual currencies.
Bright Future of the Bitcoin
During the past few weeks nothing really new occurred in cryptocurrency’s world. The last two weeks, however, have already brought a change. The discussion related to Mike Hearns’s exit about the future of Bitcoin lead by important developers from the community is contributing to this change.
Referendum on Euro? Risky “Heart Surgery” on Czech Currency
Minister of Finance Andrej Babis suggests that adoption of the euro currency should depend more on a dialogue with citizens of the Czech Republic. Therefore, he would like to organize a referendum on adopting euro. And the referendum should be tentative.
Swiss Franc Might Hurt Exports, But Not the Economy
By stopping the intervention, central bank merely reversed its own wrongdoing and allowed trade to re-balance to its natural and desired equilibrium.
