Economy

In Spain, the government-established expert group recommended a reduction of the corporate tax by 10%.

From the security standpoint, there are three important areas where disconnection from Russia and connection with Europe are of utmost importance.

Nomura believes that this real estate bubble, followed by potential property market correction, could lead to a systemic crisis, and is the biggest risk which China faces in 2014.

Contrary to what Lithuania’s prime minister claims, discussions on euro introduction are far from over. They might be over for those who have had the task of convincing Lithuanians about the benefits of having the euro.

Deutsche Bank’s report outlines another important aspect of Europe’s reindustrialization. German companies that in 2012 maintained production capacity of their own abroad, continue at 82% of their production within the EU.

This revolution has not been hampered by the economic crisis. It is going on. This year alone seven countries are going to reduce the profit tax.

The question is whether the new policies drive the banking sector closer to the market and market laws or, on the contrary, estrange it from them?

The analysis deals with various regulatory problems from five main areas – banking, interchange fees, energy, personal data protection and common agricultural policy.

Not even government subventions can help the sinking Peugeot, so the company has to be rescued by a Chinese partner.

Since it is wise to direct resources to a productive and prospective use, our energy should be channelled into the future, instead of prolonging the agony of the failures from the past.