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I don’t believe that we need central banking, monetary policy or our national monetary unit. Without this, we can’t avoid two essential problems – politicization of the monetary politics and also its competitiveness. But by saying this I do not wish to imply that in this particular case of devaluation of the lari the central banking system was the major problem. Quite the opposite.

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Yes, I am a liberal, and despite the fact that many Poles consider this word a slap in the face, I don't feel ashamed by making this statement (let's treat it as a sort of political “coming out”). Why am I writing about it now? Well, because after the campaign “Secular School” has been launched, I got bored with constantly explaining the differences between a liberal and a leftwinger.

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In the last few years, the compound word “start-up” has established itself in the Slovak language and is successfully edging out the original term – “a beginning entrepreneur”. A start-up, a start-uper, the start-up scene, a start-up strategy, a start-up investment – the media are packed to the rafters with such collocations. This is not a coincidence. The change in our vocabulary reflects the greater attention paid to the segment of beginning entrepreneurs. It wasn´t…

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Georgia’s economic story after the collapse of the Soviet Union (SU) is important to be considered and analyzed in Georgia and in any developing and transition economy nations. There are several reasons why Georgia’s experience is interesting and valuable. First of all, it shows almost all the wrong sides of central planning and a centralized, bureaucratized and command economic system.

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These local elections are historically the most successful, 9 city and district Mayors from Vilnius to Klaipėda will be liberals, – says The Chairman of Liberal Movement Eligijus Masiulis. Nine elected Mayors will govern Lithuanian cities and districts of municipalities in which, according to Department of Statistics, is located almost 883,500 of the population.

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The new Greek government of the leftist party SYRIZA wanted to take back austerity reforms in order to, for example, “gradually restore salaries and pensions so as to increase consumption and demand”. But it seems that the only thing accepted by the European Commission and eurozone finance ministers is 4-month extension of the bailout in return for presenting a list of reforms that Greece had committed to undertake.