Economy

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.

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.

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?

It is our pleasure to announce that CASE Ukraine just released their own Price of the State with the Ukrainian data located at http://costua.com/en/.

Some steps of the Czech government, leaded by social democrat Bohuslav Sobotka, are strange. It is like to paint a house with white color, and then repaint it with black to secure it is not too white.

Clueless looks of politicians will be once again drawn to the ECB. In addition to reports on starting recession, they are supported also by the legend of deflationary spiral that regularly emerges from monetary depths to destroy the shoots of economic success.

Contrary to the opinion of many sceptics, civic budgeting in Łódź turned out to be a great success in 2013. 908 projects were submitted by the residents of the city and 129.000 votes were casted what has resulted in the case of Łódź being widely discussed and analysed. How was it achieved?

Except for few unfortunate ones, high schoolers have already finished their key exams. European banks have not.

In fact manchesterism was more than just free market economy and free trade. Cobden, the leader of the popular manchester movement, engaged in reducing the misery of the poor and child labour.

In case of San Francisco parking spaces, the city obviously rents out these spaces way below market price (or even free), which makes it financially interesting for (probably unemployed or underemployed) drivers to occupy them and sell them off for market rates.