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euro zone

inflation-money-euro
Economy

What Is Happening with Money and Prices?

Vytautas Zukaukas and LFMI/May 23, 2022May 23, 2022

The 20th anniversary of the euro was marked by an increase in price inflation. In the euro area, annual consumer price inflation reached 5% in December 2021. Lithuania recorded the highest rate of 11%.

kid-sticking-out-his-tongue-2
Economy

Greece Has Not Done Its Homework

Vytautas Zukaukas/April 28, 2015August 31, 2017 /Leave a comment

The Greeks do not understand the imperative need for the reforms. Nor are they ready to reform. With the external pressure of the EU and other international institutions being the only reason to institute reforms, it is hard to expect any breakthrough. And this is the key problem.

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