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The pandemic affects all aspects of lifeand, of the economy, the financial sphere, with all kinds of financial services, is simply an infrastructure that ensures the work of the real economy. That reflects with all the negative effects of the type of uncertainty, of repressed economic sectors – Of course some prosper. So that The role of the financial sector in overcoming the crisis will be significant., Levon Hampartzoumian commented to NovaTV.
About sectors that prosper, “see what happens to Amazon stocks and similar to Amazon companies, for example, dealing with online delivery“.
“I believe that we overestimate intelligence and influence of these people. The disappearance of the middle class was a phenomenon without COVID-19. In the past 30 to 40 years, the difference in people’s income has become significantly larger in the developed world. COVID-19 is only accelerating processes that are happening anyway, “he explained to the conspiracies, that everything was invented so that some in the world could become very rich, the middle class would disappear and everyone else would be poor and easy to handle .
Djankov offers a group of experts for the crisis
Include Ivan Kostov and Plamen Oresharski
“Of course, this is reversible – it is cyclical. However, it is cyclical every time when the cycle is reversed. Is based of 4 factors: wars, revolutions, natural disasters and pandemics“.
by the credit moratorium commented that “this means, if necessary more popular to explain, buy a little longerso that the companies and banks that financed them do not shoot themselves in the foot. That is, in order to make some loan installments, this is an option, not required, but those who cannot pay a little more do not pay without suffering their credit rating and without damaging the banks’ capital base. “
“Without this moratorium, banks would have to start devouring their capitalcovering losses on outstanding loans. This is a dynamic one a balance that only buys time, does not solve the problem. He buys time for everyone to do their homework. When this is done, how will it arise?“.
Borissov satisfied with loan moratorium
According to Kiril Ananiev, the confidence of European financial institutions in Bulgaria is growing
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