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In recent years, the Baltic States have been showcased as an austerity success story. While the whole world has seen countries such as Greece, Spain and Portugal struggling to reduce their public spending, Lithuania has been hailed as an austerity example. Lithuanian success in public spending cuts has been widely acknowledged; yet simultaneous tax increases […]

In most recent years a famous graph, showing how deep the recession is in the UK and what is the path of recovery, appeared periodically. The graph is made by the National Institute of Economic and Social Research (NIESR) and compares the profile of the worst recessions in the UK over the past 100 years. […]

The aging Estonia and Europe need to accept that the state has to earn and save before it can spend and must remain within its limits both financially and functionally, writes Jürgen Ligi, the Minister of Finance. Right now, large English language news channels could bear the common name ‘eurozone crisis’ and they could all […]

ACTA will not enter into force. Thousands of demonstrators opposed it. Polish Minister of Culture and National Heritage – Bogdan Zdrojewski – discussed Polish drive for liberty and assumed that “we may also take pride in the protests of Internet users”. Nevertheless, everyone wonders why people started to demonstrate against the agreement. If nothing unexpected […]

In April 2010 the Fidesz-KDNP party alliance has gained two-thirds of the votes at the election and they have formed a government. Nowadays the support of Fidesz and the Orbán

Summer School of Economics organized by F. A. Hayek Foundation focuses on interactive lectures, economic games and interesting discussions. Lectures will be delivered by specialists from Slovakia, the United States and Czech Republic.

The purpose of the Liberty Camp is to explore liberty from various perspectives - economics, philosophy, history and law - while practicing English. The necessity of liberty for entrepreneurship as well as skills for creating a viable business plan enrich the camp's main focus.

Radicalism in France: „it’s not a sin to make money!“. Free movement of people is in danger. Why everyone has to save money just the EU doesn’t? Britain is back in recession.

Are there the first signs of banks‘ restructuring? Will Netherlands lose its AAA rating? Spain won a battle, but the war is not over yet. Sarko once again wants to reach for the treasure buried in ECB, Argentina is nationalizing, Italians are burning paintings, and ECB officials are afraid of inflation. Following Germany, also Ireland will […]

Will a knight from the executive board of ECB buy problematic bonds for his private portfolio as well? Are the „fiscal pact“ and ESM unconstitutional? Do you know that through the European funds you are also contributing for the early retirement of the boss of the company which was bought by Facebook for a billion dollars. It […]