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Several parts of Slovakia experience problematic coexistence of Roma people and majority population, without any successful solutions in sight1. As a result, there is growing dissatisfaction of majority living in the areas with Roma minorities,...
Austria on the edge. Italian plans. Higher salaries for officers. Successful elections. Black sheep are growing in numbers. Austrian Central bank governor Ewald Nowotny admitted that his country might not meet the 3% deficit rule as well. He...
Germany’s Constitutional Court confirmed as expected the legality of the Eurozone’s bailout fund which approved the legality of the European Stability Mechanism (ESM). The court stated that the 700-billion-euro fund did not violate...
Privatisation is a popular treatment for a range of economic diseases – inefficiencies, market distortions, graft, and corruption. To use a different metaphor, privatisation exorcises the spectre of political meddling from the economy. It...
Sometimes it seems that all tax news is bad. France has raised its top income tax rate to a scandalous 75%. Eleven EU member states are set to introduce a financial transaction tax. Lithuania is debating progressive taxation and higher taxes...
European Commission released a short clip titled “Missing Part” showing how tax fraud and tax evasion affect lives of European citizens and communities. It says one fifth of public money in Europe is lost to tax fraud and tax evasion and...
Index of Economic Freedom was released last week. Slovakia ranked 57th – 15 places down from previous year. The main reason behind a decline of economic freedom in Slovakia was higher taxation, non-flexible labor market regulation, and...
The Bitcoin barrage certainly towers prominently among the 2013 phenomena. Having soared in price in a humongous manner and the razzle-dazzle of its many a rags-to-riches story eclipse the true face of this nouvelle contraption. A certain Norwegian...
It is not going to be another column on the Open Pension Fund, but on the signs of upcoming (and already existing) pension problems in the western world; as well as on the issue related to pension problems, namely, whether trade unions should...
Introduction The 10% flat income tax was introduced in Bulgaria in 2008, and the Institute for Market Economics (IME) was one of the major proponents of its implementation. In our opinion, the introduction of the flat tax has been one of the...
