Articles

An outdoor celebration of Milton Friedman\'s heritage? Why not! On August 31, 2015, Svetilnik in cooperation with the Friedman Foundation for Educational Choice held in Celje, Slovenia, a tennis tournament followed by an evening of discussions on the Nobel laureate\'s life\'s work and a barbecue.

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.

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.\"

The Lithuanian Parliament and the Ministry of Agriculture are destroying competition in the dairy sector through the egregious regulation of raw milk purchases. Much noise has been made over this new law, which places onerous restrictions on the dairy market of dubious constitutionality.

Intra-budgetary redistribution of the Personal Income Tax in Lithuania is aimed at providing financial support for economically weaker municipalities. The present analysis is aimed at measuring level differences of intra-budgetary redistribution of the Personal Income Tax across municipalities as well as identifying the major problems created by this process.