The spread of the Coronavirus pandemic and the ways to deal with it (lockdown, social exclusion & isolation) are causing tectonic changes in the size of GDP shrinkage and in total economic activity. In recent years, the exogenous factors that determine the levels of demand for services and products in many sectors of the economy …
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The Proper Way to Organize and Manage the Development (NSRF) Funds in order to achieve Growth in the Eurozone
In order to achieve a balanced development across the Eurozone, there should be a combination of centralized control and management of the available funds for development (the National Strategic Reference Framework (NSRF) documents are the EU funds at national level) by the Commission. At the same time there should be a centrally coordinated management and …
The Outlook for Emerging Markets and Developing Economies after the end of the Covid-19 Pandemic
The world’s most vulnerable economies, the developing economies, which, before the crisis caused by the Covid-19 (Coronavirus) pandemic, were already vulnerable to external shocks while carrying relatively high budgetary deficits in their state budgets and high public debt, are also the ones that will face the worst problems left behind by tackling this pandemic. by …
Why is investing in Gold more Advantage?
Gold is one of the most interesting investment choices, especially in times of economic recession, hyperinflation and general social crisis as is currently the case due to the Covid-19 pandemic around the globe. In March, gold price experienced the biggest rise for the past seven years, mainly for two reasons: All the world’s central banks …
The Individual and Governmental Responsibility and the Ways to improve the Healthcare Systems to efficiently respond in Pandemics
Since the eruption of the Covid-19 (Coronavirus) outbreak in the countries of the West (EU, UK, USA, etc.) which are severely affected and the adoption of restrictive measures on the movement of citizens and a general lockdown on their economies, the governments of all these countries that are taking these measures constantly say that in …
The “Therapeutic” Policies for the Economies of the Planet affected by the Covid-19 Pandemic
The global economic crisis caused by the Covid-19 pandemic is not simple to deal with, nor is it easy, because for the first time in peacetime both demand and supply are being affected at the same time in the affected economies». All economists worldwide are revising their estimates of the magnitude of the economic downturn …
How the US and the World’s Countries will avoid the Economic Armageddon caused by the Lockdown of Coronavirus Pandemic
The terrifying economic downturn that the developed economies of the world are gradually facing, especially that of the US, due to the Covid-19 (Coronavirus) pandemic is much worse than the global financial crisis of 2008 caused by the collapse of the US investment bank Lehman Brothers Holdings Inc. This is because the current crisis is …
Governments and Central Banks React while the World Economy Enters in Recession Coma
The EU last week announced that the enforced rules on budgetary discipline are being suspended in order the member-countries of Eurozone to deal drastically with the upcoming recession due to the Covid-19 (Coronavirus) pandemic. The US Senate House on March 25 approved the $2trillion fiscal package proposal of US President Donald Trump to supprot the …
The Proper Way to Achieve the Single Operating Federal Type Budget of the Eurozone – Part I
The one and only budget of the Eurozone to become fully operational should be based on the full implementation of the correct fiscal stability rule in all the budgets of the general governments of its member states. The EU has in general set a proper fiscal framework in which should move the state budgets of …
The Proper Way to Achieve the Single Operating Federal Type Budget of the Eurozone – Part II
The Commission/EU in order to achieve the full functionality of the single Eurozone budget, in addition to its corresponding operating expenditure budget for the Eurozone, it will have to draw up a corresponding operating revenue budget for the Eurozone. Any policy that is followed to date by the Commission, where the Commission considers the Eurozone’s …