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Ever since the start of the financial crisis, Slovakia has been having serious problems with the sustainability of its public finances. Public revenues have been falling down or stagnating, but public expenses have continued to rise. As a result,...
The Federal Constitutional Court of Germany is making a decision on the OMT program of the European Central Bank (ECB). In Britain, the bi-polarity of attitudes towards the EU is gradating. Greece is in the top news again with clueless Troika...
Billions of euros are flying around Europe also this year, and an attentive observer should not miss from whom and to whom they are wandering. Especially, when the bets of Slovak taxpayers are also in play. This time we start in medias res....
One of the major barriers which prevent the labour market from demanding more workforce (thus lowering the unemployment) is the high level of compulsory social contributions. This is the case especially in Slovakia where both the employer and...
During the past decade Slovakia used to be called a tiger in the middle of Europe. We have earned this nickname because we implemented transparent tax system with lower rates which in combination with relatively cheap labor attracted many large...
