Articles

According to The Slovak Spectator Miroslav Lajčák will be new Slovak Minister of Foreign Affairs. The rest of the ministerial nominations will be known on Monday, March 26. Apart from Lajčák’s nomination, it is already known that Marek Maďarič will  be culture minister, Robert Kaliňák – interior minister and Peter Kažimír – finance minister. More […]

According to The Lithuania Tribune Lithuanian foreign debt increased in the last quarter of the year 2011 by 1.4% (1.1 bln litas). Total foreign debt consists of both governmental debt and private enterprises’ debts. Throughout whole year 2011 foreign debt of Lithuania increased by 3.1% and reached 85.7 bln litas. Ratio of debt to GDP […]

Polish-Hungarian Friendship Day is officially celebrated on March 23. On this occassion, as the portal www.thenews.pl writes, Polish President Bronisław Komorowski is going to visit Hungary. First there will be celebrations held in Budapest, in which Hungarian counterpart President Pal Schmitt will also take part. On Friday celebrations will be held in Szeged. On the […]

According to the portal czechposition.com (http://www.ceskapozice.cz) Josef Dobeš,  former Minister of Education, resigned from his position. Officially the resignation followed decision to cut down on the Ministry of Education’s budget, which would mean according to the former Minister “unacceptable cut in teachers’ salaries”. Czech media, however, speculate that financial cuts at the Ministry were just […]

According to The Sofia Echo during a visit of Bulgarian PM Boiko Borissov to Ankara 17 documents were signed. Bulgarian government delegation headed to Turkey for the meeting of the Bulgarian-Turkish High-Level Co-operation Council. Signed documents covered a wide scope of issues, such as gas transmission, economic and military cooperation and culture. Bulgarian and Turkish […]

Ruling coalition in Lithuania is not going to be dissolved after Minister of the Interior Raimundas Palaitis resigned on March 19, as The Lithuania Tribune writes. Raimundas Palaitis resigned after making a controversial hasty decision to fire heads of the Financial Crime Investigation Service – Vitalijus Gailius and Vytautas Girzadas. Former Minister said: “I would […]

The Slovak Spectator presents the latest data concerning unemployment rate published by the Statistics Office. The unemployment rate in February 2012 reached13.76%, which means a monthly growth of 0.07%. In a year unemployment rate increased by 0.6%. The increase was observed in 6 out of 8 regions (unemployment rate decreased only in Trenčín and Bratislava […]

This week about how FED doesn’t want to leave alone the “Print” button and what you can go to jail in Argentina for. In Europe, we will have a look at the biggest default in the history, hope that German Luftwaffe won’t take off, we mention Iron Lady and make fun of the new title […]

This week about Big Berta, Stiglitz’ duel with bad speculators, why Greece needs planning commissioners and about open hunting season for bad news messengers in the European Parliament. The second round of three-year tender loans of the European Central Bank (according to ECB President Mario Draghi so-called “Big Bertha”) flooded the system with 529.5 bln […]

About good news from Iceland, the next act of Greek drama, Spanish ghost city, Presidential poetry and tough love in Europe. We have good news for you. Iceland is not junk anymore. Iceland is a country whose credit rating, unlike in the rest of Europe, started to rise. Why is it important? Iceland has done what […]