Except for few unfortunate ones, high schoolers have already finished their key exams. European banks have not.
Roma people are often referred to as the abusers of social system who create a significant burden on public finance. As a consequence, limiting social benefits to Roma is often proposed by many as a solution for public deficits.
The “Flat Tax Era” in Slovakia came to a definite end on 1st January 2013. Corporate tax rate of 23% (highest in the whole Central and East European Countries region by the way) became valid instead of the 19% rate. This was considered to be the last nail in the flat tax coffin.
Greeks are preparing a new emission of their bonds. Although only three years but they should bring 2.5-3 billion euro to the country.
INESS released an English version of The 2014 Universe of Public Expenditures, a poster with a graphical representation of all public expenditures financed by taxes and contributions. It enables one to understand the relationships among the individual items of public administration.
The Tax Freedom Day has arrived! The last Tuesday was the first day when people have started to earn on their own and not for the State and needs of public finances.
The rapid economic growth, coupled with the rise of capitalism, is the source of the wealth of our society. However, this fact is often overshadowed by the perpetual discussions about inequality and wealth differences.
Being a member of the European club is sufficient for common citizen. European institutions and their processes are largely unknown to the voters and they feel no urge to show any opinion, when even the parties are largely ambivalent towards European issues.
Europe is experiencing a boom in the contingent convertible bonds, in the Anglo-Saxon world also dubbed CoCos. These are the bonds which, at a certain point, convert to the shares of the debtor.