Cash payment restrictions would increase individual and corporate expenses and would cause payment inconveniences. How would one be expected to make larger payments at weekends when interbank transfers are not made? A forced „banking“ of cash reduces competition among payments methods.
There are those who view markets as functional (albeit imperfect) tools for economic decisions and those who think markets always fail at this task. Add to that the intricacies of the energy sector, and the discussion about markets in the energy sector becomes an argument between economists and engineers written down by lawyers.
Last week Bratislava had yet again the honor of hosting some of the world’s leading experts in the subject at the conference entitled ‘The Future of Money 3.0’ organized by the F. A. Hayek Foundation in Hotel Devin on Thursday, November 26, 2015.
It is settled that provisional application of Deep and Comprehensive Free Trade Area (DCFTA) between Ukraine and the EU will start since January 1, 2016. In a response, Russia is expected to increase trade barriers vis-à-vis Ukrainian goods.
How to tax small businesses? In recent months, this question has become the centre of heated discussions in Ukraine. The main topic of the discussions is the future of the Simplified System of Taxation, Accounting and Reporting (or Simplified Tax System, STS), which may be reformed as part of the government’s tax reform.
Today, when we talk about increasing the export capacity of Ukraine, we can hear about the need to focus on exporting the high-tech products, products with high value added and a high level of processing – it seems very attractive because all of the above are important “export benchmarks” which should be strived for.
The forthcoming heating season of October 2015–April 2016 may be the most challenging season for the Ukrainian energy sector since Ukraine’s independence. Each subsector of energy sector has its own challenges in addition to the general problems such as the military conflict in the East, currency depreciation, debt accumulation, and high inflation.
F. A. Hayek Foundation is pleased to present you the third Future of Money 3.0 Conference that is taking place on 26th November in Bratislava. F. A. Hayek Foundation is pleased to present you the third Future of Money 3.0 Conference that is taking place on November 26 in Bratislava.
Monetary policy is one of the most important issues of our future in the EU. The event “Future of Money 3.0” will join unique personalities from the practical field of investing world and theoretical scholars and visionaries in the field of monetary policy at the same time.
The shadow economy in Lithuania is contracting but it remains widespread. A third of people in Lithuania have friends or relatives who work in the shadow labour market and receive part of their wage or their entire wage “under the table.”
