The COVID-19 pandemic has already inflicted severe damage on the Ukrainian economy despite relatively mild public health implications so far. The number of new COVID-19 cases seems to have stabilized over the last few weeks.
To stop the coronavirus, most countries ceased almost all economic and social activities. As a first response to prevent an exponential growth of cases, this was probably justified. However, we will not be able to bear the costs of such a complete shutdown for a very long time.
The restructuring of the state in a latently authoritarian direction is being pushed even further. The government’s worrying trend is particularly evident in the way it is trying to instrumentalize the COVID-19 crisis for the upcoming presidential elections on May 10.
The Nanny State Index 2019 measures the level of restrictive regulations governing the sale and consumption of food, non-alcoholic beverages, alcohol, tobacco, and e-cigarettes. The higher a country’s ranking, the more restrictive the regulations.
The key to solving the ecological problems of transport lies in a policy that allows for technological innovation in a wide range of drive technologies and air-cleaning measures. Central planning and ideologically motivated activism, which reduce our prosperity, undermine technological know-how and threaten jobs, are clearly out of place.
The proposed restrictions to posting of workers disproportionally hit the poorer Member States from Eastern and Southern Europe. However, these countries should not push for retaliatory regulations to protect their home markets, but to block “equal pay for equal work in the same place” and further liberalise trade in services.
The European Commission has launched a legislative initiative on cash payment restrictions aimed at exploring the rationale for the introduction of upper limits on cash transactions. LFMI presents its position on the issue of restricting cash payments as a measure to fight against criminal activity, terrorism and the shadow economy.
With Lithuanian Parliamentary elections approaching, Lithuanian MPs like magicians are pulling out of a hat same old populistic laws. Once again they are trying to push through an old and already bashed suggestion that prohibits people from working on holidays.
During the last fifty years, the United States and the EU countries have developed very high, though different, consumers protection standards. A free trade agreement based on the unification of standards will be unrealistic. Ideas of functional equivalents and/or mutual recognition of national standards is the best recipe.