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In September 2013, 5,584,000 young Europeans (aged 15-29 years old) were unemployed. Looking at the national figures, some statistics seem particularly desperate. In Spain and in Greece, the figures respectively reached 56.5% and 57.3% in July...
It was a week of central banks’ announcements. But frankly speaking, nothing new has happened. The ECB let the rates unchanged, as did the Bank of England. Mario Draghi admitted that euro area growth is still under question, and that we...
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...
There can hardly be a single week without at least one funny Eurocratic idea. We informed you some time ago about the idea to install speed limiters to all cars. Those limiters would slow down cars according to passing traffic signs (politicians’...
One in every four EU citizens would either probably or definitely leave their home country to work in another EU member state in the next ten years. The statistics are led by Sweden (52%); whereas, Austria, where only 12% altogether claimed...
Increasingly, we can see that the government declares something, but in practice does the exact opposite. There is not almost a single day without some governmental representative claiming that the priority for government is to tackle unemployment...
Rising youth unemployment in Europe has been a widely discussed issue over the last few years. Although millions of euros have been spent on youth employment programs, the result of these has been limited, to say the least. One of the main reasons...
The text is prepared as the part of cooperation with Economic Forum in Krynica. To answer the question of how the labour market will evolve we first need to understand where it came from and what purpose does it serve. Taking the macroeconomic...
The text is prepared as the part of cooperation with Economic Forum in Krynica. In so competitive job market one need to make something special to get noticed. Usually it would arise attention, at least for a short period of time. But if you...
European Union was intended to bring peace and prosperity to Europe. Eventually, EU even received Nobel Peace Prize for it. Recently, it has not been very successful in any of the stated objectives, quite the contrary seems to be true. Economy...
