The Lithuanian government has enlisted Lithuanian Free Market Institute’s (LFMI) proposal for adopting the Estonian corporate income tax model among Lithuania’s main tax reform alternatives.
Large oil field, steel production capacity, or number of tractors produced do not make the company rich. The company grows rich thanks to skilled people in the right place, their excellent skills and ability to adapt to change. As Julian Simon used to say, the ultimate source of wealth is man.
The northernmost Baltic state is in the overall comparison quite successful in fighting the COVID-19-pandemics. To this success contributed among other things the central electronic health system.
The necessity of a reformed Hungarian higher education system became clear in the 2000s: after the regime change in 1990, the number of higher education students was increasing heavily, which decreased the quality of higher education and the value of university diplomas.
When we talk about wages in Slovakia, we refer to gross wage. From an economic point of view, however, it is a fictitious value created by accountants. It represents an arbitrarily set point between the two key values: net wage and labor costs.
I keep hearing news about yet another ambulance with COVID-19 patients driving around between hospitals looking for beds, the lack of a basic coordination system for allocating patients to hospitals, and I really have the impression that Poles live in some surreal, tragic reality.
Many of the projects and ideas presented by the Georgian government are good examples of wishful thinking. However, when the ruling party is called Georgian Dream, a pursuit of wishes and dreams should not surprise anyone.
Poland is the only EU country in which vast majority of the Members of the Council of the Judiciary are selected by the parliament. Poland is also marked red when it comes to disciplinary proceedings against judges.
The European Commission has proposed to make EUR 750 billion available as a joint fund to be borne by the EU for the recovery of Member States whose economies have been severely damaged by the COVID-19 crisis.
“System errors” are different from “ordinary errors”. For example, saying that Christmas falls on December 29. System errors are so serious that they lead to the destruction of the system itself. Either exploding suddenly or slowly imploding. Either way, the destruction of the system.
