Across Europe, shadow markets constitute a significant portion of the economy. According to some estimates, an average of 16% of GDP in EU member states is generated by the shadow economy.
Against the background of the forthcoming crisis and problems in the leading economies in the Euro area such as Germany and Italy, we find an unexpected example of a booming economy in the Iberian Peninsula – Portugal.
There are clear reasons why Silicon Valley or Shenzhen are synonymous with high technologies – they are the place where entrepreneurs and businesses in this field have created their ecosystem, and accordingly attract those who want to break into the industry.
INESS organized an interesting public lecture during summer season. On August 6, 2019, Dr. Sean Gabb delivered a speech on Brexit and British strategy in Bratislava. Below you can read the outline of the lecture, accompanied by the video.
Soon Ukraine might finally expand the list of products protected by the geographical indications (GIs). The AA/DCFTA includes more than three thousand GIs from the EU,1 with only two Ukrainian GIs, wines Soniachna Dolyna and Novyj Svit.
The EU sets minimum levels of regulation with respect to working hours. The research shows that the countries tend to comprehensively follow the set EU standards with regard to the maximum duration of work during the day, minimum periods of rest, and some aspects of annual leave.
During the EP election campaign, Political Capital and its three partners found out that both official Kremlin-backed portals (RT and Sputnik) and local pro-Kremlin media supported the campaigns of Eurosceptic parties by only describing their policy recommendations positively and exaggerating their chances in the EP elections1. Eurosceptic groups failed to achieve any kind of breakthrough on the election day, and will be unable to exert a strong influence on a European level. Still, pro-Kremlin portals do…
On Tuesday, June 18, 2019, the European Court of Justice considered two preliminary requests submitted by courts in Lodz and Warsaw. Both courts are concerned whether the new system of disciplinary proceedings against judges meets EU standards.
The Nanny State Index 2019 measures the level of restrictive regulations governing the sale and consumption of food, non-alcoholic beverages, alcohol, tobacco, and e-cigarettes. The higher a country’s ranking, the more restrictive the regulations.