We have the pleasure the present you an infographic accompanying the project on the impact of minimum wage on the economy of six Eastern European countries created by Visio Institute and supplements the previously published on our website policy paper titled “Minimum Wage: Busting the Myth”. Enjoy!
Minister of Finance Andrej Babis suggests that adoption of the euro currency should depend more on a dialogue with citizens of the Czech Republic. Therefore, he would like to organize a referendum on adopting euro. And the referendum should be tentative.
Fiscal policy is not just about taxation. And, moreover, the ongoing debates often miss actual numbers. And what are the actual recent fiscal numbers in the Czech Republic? Let’s look into that.
In 2014, the Czech economy did well. All reports have forecasted the same for 2015. The publication of the Czech Statistical Office dealing with the development of the Czech economy in the first quarter of 2015 confirms it. So how well did we do after all?
Earlier this week, the world witnessed two deals sealed by international powers: on Greece’s future in the European Union and on Iran’s future in the world. Both deals will have their political and social costs and profits, winners and losers.
Hungarian government started building a fence on the border with Serbia to ward the immigrants off. The construction, stretching over 170 kilometers, is not in any way a solution to the problem of immigration. All that the fence will do is manifest Hungary’s separation from Europe.
Energy industry is par excellence a major industry. Few businesses have larger money flows than energy. Thus, it is not unnatural that it draws attention of powerful people, public and politics. In 2000s Europe experienced major policy craze with renewable energy that is still riding the waves of popularity, albeit with first subtle hints of realism.
Never before in the past decade has the need been so great for the civic movements to unite and respond to the threat from the East. To answer this need Free Market Foundation has organized an international conference in Budapest on June 22, titled “Europe vs Russia”.
After a recent TV address of Georgian Prime Minister Irakli Garibashvili, it became known that the state’s efforts in 2014 and the coming years will be focused on the implementation of an import replacement policy. According to the prime minister: “it is a shame when imports account for 80% of the net export structure.”