Economy

Public Power Corporation has reported last week that many Greek households and corporations are not able to fulfil their obligation to pay their electricity bills.

Work is taxed with the highest percentage in Poland. Effective tax rate for work exceeds 40% - the rate similar to the taxation of vodka.

Paradoxically, the Slovak remake of the clip received more views in two days than official European Commission video in 6 months.

What Mr. Gabriel’s green growth strategy will yield is not economic growth, but growth of state power with more and more intrusion in our civil liberties.

European banking union is the most important regulatory project in the European Union (EU).

Index of Economic Freedom was released last week. Slovakia ranked 57th - 15 places down from previous year.

The Bitcoin barrage certainly towers prominently among the 2013 phenomena.

Under the pressure of unionists, local or state governments gave up fast – after all, they are not private owners, who protect their firms against the threat of bankrupcy, but elective clerks financed by taxes!

Riverside County decided to solve library problems by transferring a part of the operations it was in charge of. Therefore, it offered a new contract in a competition open to both public and private bidders.

Goodbye Ben, and welcome Jannet; but from the point of view of FED policy, nothing has changed, apart from the fact that Yellen could be a more pro stimulus oriented person than Bernanke.