Economy

The negotiating power of a single worker is in principle smaller than the one of a big company which employs him or her.

Russian businesses and banks are starting to consider some legal action against Cyprus or individual banks, but some lawyers predict that they may have a hard time winning their case.

First of all, Cyprus has a small economy and the rescue package is something about € 16 billion, approximately € 3 billion less than last year’s loss of Bankia – the Spanish bank.

Cyprus, along with Slovenia, has been in the shadows of the PIIGS problems already for quite few months.

Moreover, possible destabilization resulting from the \"Cyprus case,\" threatens the already damaged confidence in the Eurozone.

Rent-seeking occurs inevitably in every society, however, some societies suffer from it more and some others less.

Spain\'s unemployed has reached 5 million for the first time in history.

Michel Barnier, European Commissioner responsible for internal market and services, has rejected all principles based on free market and freedom to choose, and showed he is a communist, or he is just joking with us.

Information system for Human Resources (type of solution – decrease the administrative barrier).

Europe has just reached the turning point of the crisis. Now it can be better or worse – it all depends on what will happen in Cyprus.