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A period when winter passes the baton to spring is a time for the largest domestic banks to publish their financial numbers from the previous year. This year is no different and therefore we know the 2012 results of the BIG 3 banks. The year...
This week, the venerable Financial Times website juxtaposed three pieces of seemingly unrelated economic news all within a few hours of each other. Taken individually, these three stories tell the tale of a complex economy, driven by forces...
Cyprus still counting. Slovenians and Greeks got more time. Netherlands turned around. Try the Central Banker simulator. In the last issues of Fiat Euro we promised that we would leave Cyprus alone, but the guy always comes back with some interesting...
Fitch Ratings has downgraded the United Kingdom from ‘AAA’to ‘AA+’. The outlook is predicted to be stable. The rating action reflects a weaker economic and fiscal outlook and possibility of higher UK budget deficits and...
INESS released the Receipt for Government Services for 2013. The annual price of the state for Slovakia increased by EUR 322 (7.3%) and reached EUR 4,704 per citizen. The Receipt has been distributed by Slovak major opinion making daily SME...
Reacting to significant decreases in GNP, countries of the region temporarily suspended or reduced the pension contributions to the fully-funded pillar of their pension systems, at the same time verifying the eventual level of the contributions....
We are very often presented with numerous references to government budget in the local media. However, the budget´s very nature and the overall ambiguity of politicians create an illusion that it is an extremely complicated matter, which can...
It was the week of central bank announcements – Japan (we will describe it below), Britain and ECB. Bank of England and ECB policy remained unchanged, which means that interest rates are at the same low levels and the BoE maintained bond purchases....
Brief description of the solved problem: Information system for Human Resources (type of solution – decrease the administrative barrier) Country of origin: Canada Type of self-government: City Name of self-government: Hamilton, province of...
The Slovak „laboratory of reforms”. How to perform an overarching reform of the labour market. Synthesis: The Slovak Prime Minister, Mikulas Dzurinda, during the work of his first coalition (1998-2002) could not- as a result of the presence...
