In December 2013 EU finance ministers reached agreement on the guidelines of a Single Resolution Mechanism for the banking union. The Single Resolution Mechanism is to accompany the Single Supervisory Mechanism. The Single Resolution Mechanism...
March 12, 2014 4:18 pm / 1 comment
Election campaigns are like New Year’s resolutions – many things are promised, a fraction of them are implemented. One is almost shocked when some evidently populist program points are still discussed, or even about to be implemented after...
December 9, 2013 4:42 pm / 1 comment
In June of 2012 the newly elected Slovak government finally unveiled first official blueprint of highly rummored consolidating measures. The main objective is continuation of cutting the fiscal deficit below 3% of GDP until 2013. Although we...
July 11, 2012 2:17 pm / 2 comments