Economy

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.

The 34th edition of the Survey of the Lithuanian Economy provides forecasts of the main economic indicators for 2015 that are based on a poll of market participants.

According to the analysis provided by the Czech Statistical Bureau, which was devoted to the macroeconomic aspects of tourism in the Czech Republic, tourists still spend more money in the Czech Republic than Czech tourists do abroad.

The debt which was devalued at the Prague Castle, has been back in 32 minutes and 51 seconds. And then again. And again. And again.

The sick man of Europe - France - is all over the economic papers for almost a year now. But while the critique focused on Holland and his companions, the biggest economic nonsense competitor walked quietly in the shadow - Italy.