economy

Competitiveness of Europe is lagging, pension systems keep ignoring the demographic trend, relative price of energy for industrial consumers is growing, there are popular jokes about labor markets in France or Italy, starting a business and tax compliance is still extremely demanding tasks in many of the member countries.

The investment incentives (part of state aid) are like a looser relative at a family meeting. Nobody is too excited to see him, but everybody is accepting that he has to be there. Every single economist will confirm that the incentive represents market disorder.

Giving up on reforms could send a very bad signal to the other problem countries (Portugal, Spain, Italy, France) where they are also key to growth.

Carrousel of changes at the Slovakian Ministry of Education is not an anomaly but rather an illustration of the instability and unpredictability, which in public sector seems to be adopted as systemic solution.

What will happen if there accidentally will be a change of government in Russia under the pressure of economic sanctions? This would be a success for European Union, but at the same time it would not solve the fact that Russian propaganda of nationalism has build anticipation in Russian society that a new leader will have to face, having in mind his own reputation.

By stopping the intervention, central bank merely reversed its own wrongdoing and allowed trade to re-balance to its natural and desired equilibrium.

Why should a paper called Future of European Welfare State be any different from any other publication on welfare? Well, let\'s just say that it is made up almost entirely of infographics. And it is accompanied by two superb videos.

By applying additional economic measures to diplomatic pressure the EU and US expressed disapproval of the Russian violation of fundamental international norms

The use of optimistic projections would pose no problems if budget expenditures were trimmed, automatically, in lockstep with shrinking budget revenue. Sadly, this is not the case.

The 34th edition of the Survey of the Lithuanian Economy provides forecasts of the main economic indicators for 2015 that are based on a poll of market participants.