Building Monuments or Memorials?
Compared to the previous year, tax burden was on the rise – the average European employee pays more than 45% of income in taxes.
Year: 2013
Furious Merkel
Does Europe remain focused on austerity and structural changes as its preferred strategy to deal with crisis? Most likely not.
Roads in Laguna Niguel
A survey in 1995 in 34 US states showed that the advantages of the outsourcing of road management have been used by up to 37% of the cities, and in the period of 1987-1995, the number increased by 19%.
New Definitions
International Monetary Fund head Christine Lagarde said the U.S. government’s debt reduction plans are too abrupt, which could cause the U.S. economy to contract by over one and a half per cent.
Less Austerity Will Be a Pyrrhic Victory
Opponents of the austerity policy have forgotten that one of the main causes of our current problems is not saving in response to the crisis.
The Most Powerful Economic Area in the World
According to the influential American academic and opinion leader, Zbigniew Brzezinski, the EU-US trade agreement may stop the downfall of the West, revive transatlantic relations and balance the influence of China.
Using Nationalistic Sentiments to Trample Competition
This is a hallmark of protectionism; it doesn’t matter what people want to buy – current producers have to be preserved at any cost, and competition kept away.
Retail Banking in the Czech Republic
A period when winter passes the baton to spring is a time for the largest domestic banks to publish their financial numbers from the previous year.
The Rise of Germany and the Uncontested Queen of Economic Europe
In Nicosia, people with banners saying “Merkel and Schaeuble go home”, protested against EU imposed rule of taxing their bank savings.
ECB Confirmed Recession
In recent months, economic confidence has worsened and unemployment has risen over 12 percent across the currency zone. But the real problem is youth unemployment.
