The European think tank network EPICENTER has published the second edition of The Nanny State Index, an indicator of state paternalism in the European Union. The index evaluates restrictiveness of regulations governing the sale and consumption of food, soft drinks, alcohol, tobacco, and e-cigarettes in 28 EU countries in 2016.
Board remuneration regulation is essentially a two stage issue. Firstly, there should be transparency concerning the remuneration packages of executive and non-executive board member and directors. And secondly, shareholders should have a level of control over the process of board remuneration determination.
This should be the first commandment of every regulator. Or at the very least, forbidding should not be their first step. All over the world, many governments which have imposed a ban on sharing economy do not respect this rule. They shoot first and ask questions later.
On June 20, 2017, the Lithuanian Free Market Institute organizes an international conference titled “Paternalist Policies and Food Regulation: Objectives and Consequences”, aimed at initiating a series of public debates on the growing trends of state paternalism.
The price of Bitcoin has doubled since the beginning of the year, currently floating around USD 1,900 per Bitcoin. There are a few generally stated reasons why the virtual currency is on the rise. There have been recurring talks about the Exchange Trade Fund, which should ordinarily be traded on the larger exchange markets.
Fortunately, this time, the Slovaks are actually doing something right. Despite all the protracted protests of taxi drivers, liberals from the ranks of the opposition decided to amend the Road Transport Act. The aim of this legislative endeavor is to address precisely the issues that were brought up at the inception of the backlash against Uber.
Why do conditions for doing business and entrepreneurship keep deteriorating when politicians are trying to convince us on a daily basis that they want to improve them instead? No deeds follow their words. Although the government pretends to listen to our concerns, they do not usually take them into account.
When Ukrainian SMEs are given a choice between two options – to obtain certain benefits for their sector from the government or to make sure that the government creates equal conditions for all enterprises – they choose the latter. This tendency manifested itself in the results of the national “Annual Business Climate Assessment” survey in Ukraine.
Lithuania’s new Labor Code that was supposed to be flexible in balancing employee-employer interests is to take effect as of 1 July 2017. It was already approved by the previous government, but vetoed by the President. Therefore, its entry into force was postponed and so began the process of its improvement.
In recent weeks, Prague City councillors have found a new hobby – they verbally attack the popular Airbnb sharing platform, which brings annually more than 700,000 foreigners to the Czech Republic. However, the arguments used to support an immediate regulation of Airbnb are definitely not based on rational analysis of the topic.