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Extraneous people (politicians, bureaucrats) decide about extraneous money (taxes) which is, as Milton Friedman concluded from his decision-making matrix, the most inefficient situation we can imagine.

If history repeats itself, Bitcoin could fall to 500 or 300 USD. But who knows? The fact is that in the longer term, it still has much greater potential than today’s prices.

New laws in Slovakia are passed like hotcakes and changed more frequently than socks, which creates a chaotic and unpredictable framework for citizens and entrepreneurs.

We cannot agree to a situation when in the 21st century an autocrat - possessed by the nostalgia for the Soviet empire - leads the EU by the nose and deprives Ukrainian people of the longed for perspective of living in freedom and democracy.

In comparison with the fifth election period (2006-2010), where the deputies were absent from 28.11% of sessions, the absenteeism during the sixth election period (2010-2013) increased by 3.47 percentage point to 31.58%.

In September of this year, Polish prime minister Donald Tusk announced his intention to undo pension system reforms and seize parts of the mandatory private pension funds.

Certainly, there is no need to agree with everything Connolly says. However, when thinking about what awaits us in the Euro area in the coming months and years, I listen to his opinion with much more respect than to the opinions of the prophets of unfounded optimism.

In 2013, Civil Development Forum added estimates of implicit public debt to the Public Debt Clock, which was launched three years ago.

The first one is about setting minimum wage not on the national, but regional level. In this way, the standards for poorer regions (with lower minimum standards of living) would be different than those for the better-developed ones.

The Commission has published the first assessment of the national budgets for 2014. Only Germany and Estonia made the budget prospects flawless and deserve praise. Slovakia ended up in the third group.