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From time to time, our media report that Slovakia has once again fallen in another competitiveness ranking. The papers write about it for a day or two, the TV stations show a few reports, opposition barks a bit, the government refuses the criticism and challenges the results. However, the topic usually does not live to see its third day in the media.

It has already been 25 years since Bulgaria started its unsteady transition to a market economy after a long period of Communist rule. However, our society is yet to experience the true benefits of liberal democracy, as well as arguably – capitalism itself.

The chairman of the Central Bank of Lithuania will become a member the Governing Council of the European Central Bank, which is responsible for monetary policy for the euro area. Thus, if Lithuania wants to properly represent it‘s interests, it has to join the debate concerning decisions of the ECB.

No matter how well-known or not, any new politician nominated for the President of the council of ministers is discovered anew in the new role.

The 7th annual Liberty Seminars are being held September 22-27, 2014 at Lake Bohinj, Slovenia. This is a life-time opportunity to DISCUSS, PRESENT & DEBATE human rights through a lens of economics, public policy, history, philosophy, and law in breathtaking scenery of the Julian Alps.

Six years in Spain mean six years of falling real estate prices. If you invested in the average Spanish house in 2008, today you have 35% loss on your investment.

The most negative impact is definitely going to hit Russian citizens themselves, because prohibiting of food imports dramatically lowers their utility, reduces economic activity, including job creation, and last but not least it cuts disposable income in their wallets.

Well-functioning courts are the foundation of an effective legal order and central institutions of a market economy. Courts are the key not only to upholding property rights, but also to promoting large-scale commerce

If you have problem remembering who the leaving president is I will help you. His name is Herman van Rompuy. The most exciting moment of his 5-year presidency was being called a damp rug by Nigel Farage publicly in European parliament.

Let’s guess: what is the most expensive city in the world? Paris? Moscow? Hong Kong? Zurich? Beijing? New York City? Singapore? Tokio? Or perhaps old, good London? Forget about it! You would probably not look for the most expensive city on the planet in Angola, would you?