Nominants of Syriza haven’t even settled comfortably in their key chairs in the new Greek government yet and new prime minister together with finance minister have already made their first compromise and step back from their pre-electoral promises. They refrained form talking about the debt write-off, started talking about restructurization of debt and went on a European tour to find out from creditors which particular forms of restructurization could be acceptable.

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…

Two years ago, here in Wrocław [at Wrocław Global Forum], you called United States and Europe “G2 of the world” and today you referred to them as “catamaran on stormy waters”, so I was wondering if you think that we can observe serious, permanent shift of power in contemporary world or just this storm that is going to pass? Well, I hope it’s a storm that is going to pass and I hope that we…

In response to the on-going financial crisis in the euro zone, LFMI, a leading economic policy think-tank in Lithuania, has worked out and submitted to responsible institutions a plan which would help countries exiting the euro zone to build stable and sound money. LFMI‘s proposal can be also used by the euro zone when attempting to strengthen the euro and to restore people‘s confidence in the single currency. The persisting crisis of euro zone state…

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 debt with the help of magic and about American budgetary hockey game, which ended 99:0. After  3 000 years Greeks have improved the art of drama to the level of perfection. After practically nobody happened to agree…

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Institute for Market Economics Cordially invites you to a press conference Jobs During Crisis: A Flexible Approach To Labor Market Regulations     The Institute for Market Economics (IME) will present its view on the performance of the economy, putting the focus on the labor market and the job creation in a time of crisis. The following questions will be discussed: Are Bulgaria and the EU facing a new recession? How is employment developing in…

On March 2, EU-25 leaders signed the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, commonly called the Fiscal Compact. The Treaty was not signed by the Czech Republic and Great Britain. Lithuania joined the treaty, but it still needs to be ratified by the Lithuanian Parliament (Seimas). Not being a member of the eurozone, Lithuania would be able to choose, which particular provisions of the treaty to commit to. However,…