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Articles

Slovak Finances: Politicians’ Appetite Grows with Crises
Economy
Slovak Finances: Politicians’ Appetite Grows with Crises
Some respected economists identified the issue of consolidation in public budget already in 2022 as a third-order problem. From an analytical point of view, he is, of course, right. A one-year deficit of 10% of GDP is nothing compared to a permanent two to five per cent deficit in the pension system with a declining workforce.
Expensive Polystyrene and ECB
Economy
Expensive Polystyrene and ECB
Polystyrene, wood, reinforcement steel, and other materials have not only become expensive, but their lack in warehouses indicates that the increase of prices will continue. It is similar with notebooks, bicycles, or maize.