On October 9, 2012 INESS with support of the Friedrich Naumann Foundation for Freedom and the National Union of Employers organized international conference under the title Cutting Deficits, which was a continuation of INESS’ annual traditional conference devoted to public finances. Two panels with seven speakers from four European countries took place in a Park Inn Danube hotel in Bratislava. The speakers answered in various ways the main question of the conference – Is it possible…

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 find some of the measures positive, an overwhelming majority of the presented proposals will have a negative impact on Slovakia and its citizens as this consolidation mostly relies on imposing more taxes. Despite many government’s reassurances, most of…