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.
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?
Some steps of the Czech government, leaded by social democrat Bohuslav Sobotka, are strange. It is like to paint a house with white color, and then repaint it with black to secure it is not too white.
The analysis deals with various regulatory problems from five main areas – banking, interchange fees, energy, personal data protection and common agricultural policy.
It is absurd to think that regulation of the official market, no matter whether via taxes or production-cost increasing tools, could eliminate the black market.
Since the current situation on European energy market is a result of poorly designed market distortions, we should ask ourselves whether strengthening of the targets is a step in the right direction.
Entrepreneurs producing alcohol are continuously seen as “les enfants terribles” of European economies, together with manufacturers of tobacco products and business subjects from oil industry.
It is intriguing to observe the level of oil taxation in each European country owing to the mutual tax competition in the field of transportation.
Contrary to all expectations, both parties (combined) lost the then predicted decisive share of the electorate and, therefore, they are unable to piece together a thoroughly leftist government – the first one which would rely on Communists since the Velvet Revolution.
In comparison with the fifth election period (2006-2010), where the deputies were absent from 28.11% of sessions, the absenteeism during the sixth election period (2010-2013) increased by 3.47 percentage point to 31.58%.
