Berlin’s recently introduced rent control policy is Germany’s single most stringent rent regulation tool. The law prohibits any rental increases for a period of five years. In the case of new rentals, the rent a landlord is allowed to charge is determined by fixed reference values based on the age and fittings of the unit in question.
Addressing and diminishing barriers to the single market in the EU is a much welcome initiative. The initiatives to decrease bureaucracy, to step up efforts to comply with EU law, to evaluate the effects of new regulations on SMEs in impact assessments, and mutual recognition are important steps in promoting growth, free trade, and consumer rights.
When we talk about wages in Slovakia, we refer to gross wage. From an economic point of view, however, it is a fictitious value created by accountants. It represents an arbitrarily set point between the two key values: net wage and labor costs.
The Slovak education system has a number of problems but the generally low teacher salary is not one of them. Those who claim the opposite refer to an international comparison: the share of teachers’ wages in wages of university-educated people.
How well would an average politician, clerk or analyst at a ministry perform as an investor? Recently, we have had several opportunities to witness it ourselves. In some public projects, the low return on investment is evident even to a random passer-by.
The 2020 elections have been crucial in a number of coutries – from a forthcoming one in the United States, to most recent ones in Lithuania. The same is true also for Georgia. On November 3, the Georgian citizens need to decide and to opt for either Russia or the West.
The European Commission has approved of a very important merger – between a powerful Chinese ally and Czech billionaire, Petr Kellner and the influential media group, Central European Media Enterprises. This could result in manipulation of public opinion in favor of China all over the CEE region.
COVID-19 reached Poland a few weeks later than Western Europe, to which the Polish government responded promptly by introducing a nation-wide lockdown. Administrative restrictions to constrain the spread of the virus coupled with reactions of wary consumers led to economic disruptions.
In mid-March 2020, in light of the Covid-19 pandemic, the almost complete government paralysis of economic activities put most of the economy of Bosnia and Herzegovina (B&H) into hibernation.
While many countries in the CEE region have had a recent experience of a successful economic transformation, few are doing great in preparation for the new wave of the industrial revolution.
