The North Korea of Polish Economy
Politicians are widely known for their “flexible spines”, but, as elections approach, that softness reaches a jelly-like state.
Economy
Macroeconomic Forecast Ukraine: Rough Times Ahead
The Institute revised downwards the forecast for 2014 and 2015 to take into account increasingly devastating effects of prolonged military conflict in Donbas.
Back to Business As Usual
The big change in the EU did not take a place and Scotland remains the part of the United Kingdom. Even though the largest city – Glasgow – voted for independence, NO won 55:45. But this is not the end of the game for Scotland.
A Fairytale About a Monetary Union
Fairytales are an inseparable part of not only child’s world, but even many grown-ups believe in fairytales. There is an interesting category in this genre, the so-called European fairytales, in which grown-ups in Brussels believe. One of the newest is that about the real Economic and Monetary union. It goes like this.
They Do Not Listen, They Do Not Act
From time to time, our media report that Slovakia has once again fallen in another competitiveness ranking. The papers write about it for a day or two, the TV stations show a few reports, opposition barks a bit, the government refuses the criticism and challenges the results. However, the topic usually does not live to see its third day in the media.
Ukraine: Increase the Costs for Russia, Carry On Doing What We Have Been Doing
What else is the Ukraine to do in this undoubtedly unfavourable situation? Indeed, if the military costs cannot be increased for Russia (more causalities, more losses in military equipment), one should decide on a different strategy that would make Russia cover the economical costs of this politic-military mayhem.
Does Lithuania Have Any Questions to ECB?
The chairman of the Central Bank of Lithuania will become a member the Governing Council of the European Central Bank, which is responsible for monetary policy for the euro area. Thus, if Lithuania wants to properly represent it‘s interests, it has to join the debate concerning decisions of the ECB.
J-C And His Team
Six years in Spain mean six years of falling real estate prices. If you invested in the average Spanish house in 2008, today you have 35% loss on your investment.
Protectionist Policy in Russia: Which Countries Are Getting the Hit?
The most negative impact is definitely going to hit Russian citizens themselves, because prohibiting of food imports dramatically lowers their utility, reduces economic activity, including job creation, and last but not least it cuts disposable income in their wallets.
Looking for the Most Expensive City for Expats in the World
Let’s guess: what is the most expensive city in the world? Paris? Moscow? Hong Kong? Zurich? Beijing? New York City? Singapore? Tokio? Or perhaps old, good London? Forget about it! You would probably not look for the most expensive city on the planet in Angola, would you?
