system

The key elements of a stable and sustainable pension system are long-term sustainability and the shared responsibility between the citizens and the state for a dignified and well-funded old age. However, the political parties that entered the elections in Lithuania have little regard for the worsening demographic trends.

A recent scandal in Hungary led to the resignation of the President. The fiasco revealed what was already known by many: that the President, whose role is mostly ceremonial, is a figurehead used by the government to ratify bills.

The healthcare system has always been one of the most crucial points of a country’s social security, especially in Hungary’s case. In the last 15-20 years the Hungarian healthcare system went through a lot of changes and the general consensus is that despite the state insurance, the services aren’t sufficient.

Education is like an enormous oceanic ship where no one can change the course quickly, even if everyone can see that they are heading for an iceberg. Enough politicians have been burned in Slovakia who have taken command, announced a new course, and started turning the steering wheel, but nothing happened to the ship.

When we talk about illiberal democracy or populism in our European context we use the word ‘the rise’ – the rise of illiberal democracy, the rise of populism – but it is an outdated narrative. Currently, we are dealing with normalization of illiberal democracy.

It makes a big difference whether the state directly funds the operation of restaurants or \"merely\" mandates the issuance of food stamps, or whether restaurants are funded by paying customers.

For Slovakia, in particular, as the extremely strong generation of \"Husák\'s children\"* does not have a sufficient population replacement and will start to put a major strain on the health and pension systems in the coming decades.

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.