Steve Hanke

Steve Hanke, known as the "father" of the Bulgarian Currency Board, recently shared his insights on Nova TV. Hanke, who has been honored with eight honorary doctorate degrees—including three in Bulgaria—has served as an economic advisor to various heads of state and was a senior economist under President Ronald Reagan.

"After the collapse of the euro, it is best for Bulgarians to keep their savings in BGN". The advice comes from Johns Hopkins University in Baltimore professor of applied economics Steve Hanke. He told Nova TV that the imposition of sanctions on Russia actually reflected much worse on Europe. In his words, "they have proved to be a suicidal act for the European economies".

Bulgaria has made very limited progress on reforms in the economy and this has led to weak investor interest in your country. Such an opinion expressed to Darik news the American economist, Prof. Steve Hanke.

Bulgaria's banking system is "stronger" now than it was before the crisis at collapsed Corporate Commercial Bank (Corpbank or KTB), Prof Steve Hanke has opined.

Further consolidation of the system should be expected, the Bulgarian National Radio quotes him as saying in an interview.

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.

He has warned the BNB of putting out "very aggregate statistics", with information about bigger and smaller banks all "lumped together" a practice from which data suffers, preventing a thorough analysis of the system.

Bulgaria is the better currency model for Greece if the country slides towards Grexit, renowned economist Prof Steve Hanke says.

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.

Bulgaria's Economy Minister has voiced his disagreement with the idea that joining the Eurozone will be a "catastrophe" for the country.

The comment was made by Prof Steve Hanke, a professor of Applied Economics at Johns Hopkins University in Baltimore, known in Bulgaria as the "father of the currency board".

Europe will be much better off without Greece and the best thing for the country is to introduce a currency board system, a leading economics professor said on Monday.

There is a huge problem with financial illiteracy in Bulgaria, renowned economist Prof Steve Hanke has opined.

Hanke, known as the father of Bulgaria's currency board, is taking part in a conference titled "Financial Education for Sustainable Economy" and held on May 11 in Sofia, Bulgaria.