Gold-plating is a term that describes the process where an EU directive is given additional powers when being transposed into the national laws of member states – a quite common approach in any EU state. The seminar will reflect upon this issue and give an overview of positive approaches on how successful EU countries deal with the problem and what kind of procedures they have implemented. Join F.A.Hayek Foundation on May 6, 2015 in Bratislava!
Nomura believes that this real estate bubble, followed by potential property market correction, could lead to a systemic crisis, and is the biggest risk which China faces in 2014.
The Greek youth unemployment rate soared to 61.4 % which means a new record as well.
Public Power Corporation has reported last week that many Greek households and corporations are not able to fulfil their obligation to pay their electricity bills.
Index of Economic Freedom was released last week. Slovakia ranked 57th – 15 places down from previous year.
Goodbye Ben, and welcome Jannet; but from the point of view of FED policy, nothing has changed, apart from the fact that Yellen could be a more pro stimulus oriented person than Bernanke.
If history repeats itself, Bitcoin could fall to 500 or 300 USD. But who knows? The fact is that in the longer term, it still has much greater potential than today’s prices.
As we have mentioned many times, China is preparing to enter the world currencies sphere. One piece of evidence is its vast activities in currency swaps with many countries, or the alleged increase in their official gold holdings.
The Bank of England has not changed its policy, but surprisingly our brothers, Czechs, entered currency wars. Although CNB decided to keep interest rates unchanged, it has decided on interventions on the foreign exchange market that weaken the koruna, so the exchange rate of the koruna against the euro is held close to CZK 27.