![](https://4liberty.eu/phidroav/2015/01/14274791564_08652fedc2_b-230x300.jpg)
The Greek Crisis: Be Flexible on Debt, But Intransigent on Reforms
Giving up on reforms could send a very bad signal to the other problem countries (Portugal, Spain, Italy, France) where they are also key to growth.
Giving up on reforms could send a very bad signal to the other problem countries (Portugal, Spain, Italy, France) where they are also key to growth.
In the second half of the 1990s and the first years of this millennium, the secure information exchange system “X-TEE” developed in Estonia and an ID card enabling identification provided us with the possibility to offer Estonian undertakings e-services unique to the whole world: establishing companies online, submitting reports, tax returns and entry applications with legal meaning through online information systems.
Carrousel of changes at the Slovakian Ministry of Education is not an anomaly but rather an illustration of the instability and unpredictability, which in public sector seems to be adopted as systemic solution.
What will happen if there accidentally will be a change of government in Russia under the pressure of economic sanctions? This would be a success for European Union, but at the same time it would not solve the fact that Russian propaganda of nationalism has build anticipation in Russian society that a new leader will have to face, having in mind his own reputation.
By stopping the intervention, central bank merely reversed its own wrongdoing and allowed trade to re-balance to its natural and desired equilibrium.
2014 was the most difficult year for Ukrainian economy in the 21st century. Ukraine faced economic crisis and military conflict in the East, while Russia annexed Crimea. Real GDP is estimated to decline by near 7% in 2014 due to a drop in domestic demand and weak external demand.
Application of genetic engineering technology is strictly regulated in the EU. GMO as well as food or feed containing GMO is subject to a comprehensive authorisation procedure which involves risks assessment to human health and the environment, before the company is allowed to place GMO on the market. But how does it work in Ukraine?
The Ukrainian policy of export restrictions over recent years did not have the desired effect on the consumer prices and does not solve the declared policy target of food security.
By applying additional economic measures to diplomatic pressure the EU and US expressed disapproval of the Russian violation of fundamental international norms
The use of optimistic projections would pose no problems if budget expenditures were trimmed, automatically, in lockstep with shrinking budget revenue. Sadly, this is not the case.