The forthcoming heating season of October 2015–April 2016 may be the most challenging season for the Ukrainian energy sector since Ukraine’s independence. Each subsector of energy sector has its own challenges in addition to the general problems such as the military conflict in the East, currency depreciation, debt accumulation, and high inflation.
F. A. Hayek Foundation is pleased to present you the third Future of Money 3.0 Conference that is taking place on 26th November in Bratislava. F. A. Hayek Foundation is pleased to present you the third Future of Money 3.0 Conference that is taking place on November 26 in Bratislava.
Monetary policy is one of the most important issues of our future in the EU. The event “Future of Money 3.0” will join unique personalities from the practical field of investing world and theoretical scholars and visionaries in the field of monetary policy at the same time.
The shadow economy in Lithuania is contracting but it remains widespread. A third of people in Lithuania have friends or relatives who work in the shadow labour market and receive part of their wage or their entire wage “under the table.”
About PLN 60 billion in spending and (in the beast case scenario) PLN 10 billion in extra revenue. PLN 40 billion of deficit. It seems that Poland can go broke within the forthcoming year. The question is whether Law and Justice (PiS) intends to sink the country or maybe Beata Szydło’s cabinet is designed to withdraw from the promises and fail so that Jarosław Kaczyński may step in and save the day?
A need for deregulation in Poland is recognized by the vast majority of both experts and politicians. Calls for deregulation echo in subsequent election campaigns, though to little effect. So why, despite a seemingly broad consensus, deregulation in Poland remains a problem?
The European Commission has re-launched the Common Consolidated Corporate Tax Base (CCCTB) initiative. The renewed proposal for a CCCTB introduces a two-step approach: efforts will first concentrate on agreeing the rules for a Common Corporate Tax Base (CCTB), and consolidation will be left to be adopted at a later stage (CCCTB).
The fact that an abundant welfare system and a loosely regulated market are operated by the same government does not give proof to their harmonious existence and a beneficial impact of their supposed fusion. The latter is practically impossible.
In considering the extent to which the state should be relied upon to promote social cohesion and virtue, one must keep in mind the potential associated pitfalls as well as the other possible means to accomplish the same desired ends.
No-fee regulation will have its limits (they should prevent abusing of the cheap prices of cross-border calls), first proposals are very restrictive – the maximum 40 minutes of calls and 100 text messages per year from abroad. However, it is definitely one of the biggest intervention to the entrepreneurial freedom the European Union has seen.