economy

A golden era for Bitcoin. Its value overcame the margin of USD 6000 per Bitcoin. The reason is once again the cleavage of the cryptocurrency, as this week is expected to witness the dawn of the new Bitcoin Gold. The principle of Bitcoin Gold is very similar to that of Bitcoin Cash, but the philosophy beyond these two cryptocurrencies is different.

Energy transformation, Germany’s plan to transform the energy industry into a greenhouse gas-neutral energy supply, is no longer solely a federal government project. Local authorities are beginning to push ahead with energy transition focused on decentralized municipal energy concepts.

Huge levels of state ownership in the Polish economy negatively affects its productivity and growth prospects. Although the employment share of state-owned enterprises (SOEs) in total employment of the Polish economy might seem limited (about 5%), their share among the largest, most important companies is much more significant.

The Hungarian state’s share in the economy is high – but mostly in line with other countries. What stands out among OECD countries is the number of companies owned partially or wholly by the state that attests to some degree of micromanagement.

In Serbia there is a plethora of possible government policy actions beyond the establishment and operation of SOEs. Having in mind the negative results stemming from the operation of SOEs, to alleviate this problem an approach other than appointing new management is necessary, as might be heard in public discourse.

The fourth edition of Freedom Games was held on October 19-21, 2017, in Łódź (Poland). The unique interdisciplinary forum, the aim of which is to offer a creative space for individuals from the sectors of culture, business and public affairs, among others, to discuss the key challenges the Western societies must face in the 21st century.

Lowering the retirement age is contrary to the plan of Mateusz Morawiecki, Minister of Economy, which rightly linked in one of the documents the decline in working-age population with a slowdown in economic growth. It will put a drag on catching up with the Western Europe\'s living standards.

On the whole, CEE countries – including Poland – still positively stand out in this respect among its European peers. Yet, this might soon come to an end as Poland’s governing party (LAw and Justice) is planning to introduce significant restrictions on Sunday trade.

The VAT base in Poland has its weaknesses due to both domestic and EU polices. National authorities overuse reduced rates, making the VAT system too complicated and problematic for businesses while a zero rate on intra-EU trade incentivizes fraud.

The objective of the study \"The Seen and the Unseen Effects of the Entry of Modern Retail1 in Bulgaria: Facts Against Myths\" is to examine a number of popular claims that have been circulating in the media, and public debates. They often become grounds for political action and even legislative initiatives against modern retail formats.