The first decade of Bitcoin
The financial crisis of 2008, considered by many experts to have been the worst one since the Great Depression of the 1930s, threatened to take down the global financial system after the collapse of the Lehman Brothers Holdings Inc. investment […]
Spain, a high-speed train with two locomotives
Not too long ago, probably the worst thing that could befall someone is Spain was being called a mileurista (mil euros is Spanish for “one thousand euros”). Mileuristas were young people, aged around 30 on average, earning €1,000 a […]
Ukraine caves under pressure to increase gas prices
Oleksandr Danylyuk, Ukrainian Finance Minister, said in a statement on Tuesday that Ukraine could avoid default on its debt obligations in the year to come only if it continued to cooperate with the International Monetary Fund (IMF). He also expressed […]
Venezuela – a land of never-ending decay
The Bolivarian Republic of Venezuela is currently facing a crisis which is among the worst ever experienced in the Americas and certainly the worst domestic one in the country’s history. The crisis is arguably the result of the Bolivarian Revolution […]
What’s in store for the Japanese economy in 2019?
Japan, an island country in the Pacific Ocean, has always been known for its incredibly developed economy, and this trend shows no signs of stopping. As a matter of fact, the Japanese economy is bound to set a record growth […]
Bulgaria faced with economic challenges at the end of 2018
Bulgaria, a country in southeastern Europe, has been undergoing significant economic changes in recent months, and the trend of rising prices that is ongoing can impact not only the economic but the political situation as well. According to the latest […]
Unlocking Romania’s financial potential
Next year marks three decades of the fall of Nicolae and Elena Ceaușescu. In the twilight of the 30th anniversary of the Romanian Revolution, the country is seemingly following a well-paved road of development and showing a clear downward trend […]
Is there an end to the economic crisis in Turkey?
The Turkish Minister of Finance, Berat Albayrak said in an interview on October 15th 2018 that the inflation will be going down for the rest of the year, following a 15-year high happening in September when the consumer price inflation […]
Is history repeating itself in Iceland?
Just 10 years after the great economic crisis that hit Iceland in 2008, this Nordic island country is faced with yet another one at the end of 2018. The tourism industry has been experiencing a slowdown, the currency […]
The ups and downs of the Austrian economy
Austria, a landlocked European country with the population of about 8,756,000 in 2018, has been experiencing a steady decrease in the unemployment rate for the past few years. The unemployment rate was as low as 6.9% last month (compared to […]