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Photo: Wikimedia Commons In summer 2014 Lithuania was accepted into the Eurozone and Europe witnessed the ECB’s decision to reduce its key refinancing rate from 0.25% to 0.15%. As a result, Vytautas Žukauskas, senior policy analyst at the...
The first of January in 2014 is the official euro introduction date in Latvia. The government is in a rush to introduce euro currency in Lithuania, too. Having in mind that Lithuania is holding the Presidency of the Council of the European Union...
Central banks still don’t provide monetary opium, how long will the current illusions last without it? New taxes and economic growth. Milton Friedman would be 100 years old. Crisis is 5 years old. Last week we challenged the governor of the...
In our today’s trips around the Mediterranean we can watch how Greeks try to sell, Spaniards try to borrow and Italians try to stay inconspicuous. We will also have a look at the French lion and the British bulldog. „If the leaders of...
Is destabilization of the EU really the only alternative? German constitutional court takes its time. The state won’t allow any competition in manipulating interest rates. Many Spaniards have put all the eggs in one basket, which is currently...
In March 2010, when the Greek debt crisis was heating up, then-ECB president Jean Claude Trichet declared to the EU parliament that the “monetary Union in Europe is far more than a monetary arrangement. It is a union of shared destiny”....
The European Central Bank (ECB) published its Convergence Report(2012), in which it evaluates the progress of the members states that have committed themselves to joining the euro by following the convergence criteria, better known as the “Maastricht”...
About the Greeks beating German-looking pensioners and Greek members of parliament playing black metal, while Merkel is happy to gamble with their lives. About fiscal pact, which is good in one country and bad in another one, about reducing...
Radicalism in France: „it’s not a sin to make money!“. Free movement of people is in danger. Why everyone has to save money just the EU doesn’t? Britain is back in recession. Why to subsidize export of eggs? Overwhelming right-wing...
INESS together with Conservative Institute of M.R. Stefanik, European Coalition for Economic Growth Austrian Economics Center, Friedrich August von Hayek Institut in cooperation with Entrepreneurs association of Slovakia, TRIM BROKER, Food...
