Competition creates pressure to decrease profits in every part of production. Therefore, if someone would like to “help” developing countries by restrictions and price regulations, there should not expect that all costs will be absorbed by the corporations.
Treaties about free trade are not about free trade, but about managed trade. They are the result of thinking in the frames of the 300-years old mercantilist philosophy, which considers export to be the source of wealth and import to be the price paid for that wealth.
Posting of workers plays an essential role in the internal market of the European Union. Drawing on the fundamental values of the free movement of persons and the free movement of services, it allows workers from one EU member state to work and carry out services in another member state on a temporary basis.
A lot people look to the United States as a role model. But I think it’s important to try to seperate out what’s good about the U.S. that you want to copy and what’s bad about the United States that you do not want to copy. And that can be challenging.
The companies are fighting for survival in everyday competition against other companies. Up until that, everything is fine. It stops being fine when authorities interrupt this process. Their decisions and insensitive approach – made without consideration for economic consequences – can be fatal for companies.
With the increasing number of terrorist attacks in Europe passionate debates all around in the ether picked up in pace, scrutinizing a range of complementary topics – from the circumstances of individual attacks, sources and causes of terrorism to distinct analyses of motives presumably prompting terrorists to carry out their disdainful acts of violence.
To know how to fight for freedom is important. But it is also important to know how to preserve this freedom. And a look into our recent past unveils that we lost it right in the years 1948 and 1968, although in the second case, we lost more or less only the hope for freedom. And unfortunately, we may lose it again.
The Slovak Ministry of Finance sent the entrepreneurs a special package this week. It contains as many as seven (!) new tax law amendments. The extraordinary content of the tax package is the reason for red alert among entrepreneurs. This attitude is the result of previous negative experiences.
The past two weeks were chiefly engulfed by news concerning banks and regulations in relation to cryptocurrencies. Providing some balance on the other side of the spectre were positive pieces introducing Bitcoin´s newfound capacity to cover electricity bill payments in Japan or coffee-breaks in Russia.
Let us remind you that many posts at the state-owned enterprises require an access to classified information. This means that in order to be able to work there one must acquire the so-called “confirmation of security” issued by Internal Security Agency (ABW) or – in the case of military institutions – Military Counterintelligence Service (SKW).
