The directive imposing a pan-EU 15 percent minimum effective corporate income tax on large companies, would, according to the European Commission, address tax challenges caused by digitalization and ensure that companies pay “their fair share of tax.”
One of the debates which has intensified recently is to what extent is lax monetary policy causing the increase in the price inflation.
The 20th anniversary of the euro was marked by an increase in price inflation. In the euro area, annual consumer price inflation reached 5% in December 2021. Lithuania recorded the highest rate of 11%.
Czechs have to hold out for one more month. After June 17, 2022, they will start earning for themselves. Until then, for 167 days, they work only for the state. That makes this year one of the least free since the Liberal Institute has been counting Tax Freedom Day since 2000.
The fifth-year finals of the Economics Olympiad took place on Tuesday, May 3, 2022, at the Hotel Devín in Bratislava, where we got to know the names of the three best young economists from all over Slovakia.
The number of health professionals is a globally discussed issue. The WHO expects 18 million missing health professionals by 2030, mainly in lower- and middle-income countries. Two out of five active doctors in the United States will be 65 years of age or older in the next decade.
A total of 469 seats in the U.S. Congress (34 Senate seats and all 435 House seats) are up for election on November 8, 2022. Midterms often serve as a referendum on the administration in power while setting the table for the next presidential elections.
On the May 11, Lithuania celebrates The Day of Respect for the Taxpayers. On this occasion, the Lithuanian Free Market Institute (LFMI) stresses that a public sector that serves its citizens and creates value is an expression of respect for taxpayers.
Russia’s war of aggression against Ukraine has shown that power politics is far from dead and that the idea of containing aggressive states like Putin’s Russia through positive interdependence – as undertaken by Germany – is not enough to guarantee European security.