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Economy

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Why the zombie banks aren’t stressed by stress testing, about Austrian Japanese, and about how difficult life the Spanish banks and especially Spanish bankers have. And that Trichet, even though he uses bad economic theories and non- functioning economic models, doesn’t regret anything. When it comes to solving the crisis in Europe, many people use the example of the USA, where central bank during the crisis provided the whole financial sector with guarantees, which apparently…

Economy

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Why not to believe door-to-door sellers, central bankers; which European country is the closest to a default,how Italians save money  on food to sendpayments to the investment bank Morgan Stanley thanks to their clever politicians, and finally about really clean money.By the way, do you have a chicken at home already? Mario Draghi, president of ECB, told the German newspaper Bild that when it comes to the European debt crisis, the worst part is already behind…

Politics

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As The Lithuania Tribune writes a new party was granted a persmission fo be registered – the Lithuanian People’s Party, established by Vladimir Romanov. After regsistration in the Register of Legal Entities party will be formally set up. At the same time documents submitted by Democratic and Labour Party and Emigrants Party were rejected as they failed to “meet the legal requirements”. To take part in the closest parliamentary elections, the parties will have to…

Economy, Politics

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The Lithuania Tribune writes that on March 29 president Dalia Grybauskaitė met with Johaness Hahn, EU Commissioner for Regional Policy. The main topics of the meeting included EU financial framework for the period 2014-2020 and the EU Cohesion Policy. Dalia Grybauskaitė expressed Lithuanian dissatisfaction with the proposal concerning rules of EU aid’s distribution. Lithuania puts emphasis on the importance of the interests and member states’ level of development. More information here.  

Politics

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As The Slovak Spectator writes on March 19 Robert Fico confirmed next nominations for the ministers in his government – Martin Glváč will become defence minister and Peter Žiga will serve as environment minister. The new government will take office next week, on April 4. The Slovak Spectator summarized already known nominations in a new government: Robert Kalinak will serve as interior minister, Peter Kazimir as minister of finance, Jan Pociatek as minister of transport,…

Society

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As The Budapest Times writes it was announced on Thursday March 29 that Budapest’s Semmelweis Medical University decided to withdraw the doctorate awarded to the president Pal Schmitt because of plagiarism schandal that broke out at the beginning of the year. It was established that majority of Pál Schmitt’s dissertation was copied directly from other academic works – including those by Klaus Heinemann and Niklay Georgiev. More about the plagiarism scandal here.  

Economy

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As The Lithuania Tribune writes (quoting SEB’s Eastern Economic Outlook published in March 2012) Estonia’s growth fill fall to 1.5% in 2012 and increase again in 2013 reaching 2.5%. As a result of smaller demand in Sweden and Finland Estonian expansion is limited while high inflation continues. In 2011 Estonian GDP growth reached the level of 7.6% although a slowdon in the last quarter of the year was observed. Budget deficit is expected to reach…

photo: League of Women Voters in California
Politics

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As the portal czechposition.com writes Czech government adopted a proposal concerning national referenda which gives Czechs the chance to vote in referendum on important national and foreign issues. According to the proposal calling referendum 250,000 signatures under a petition and for the referendum to be valid the turnout cannot be lower than 50% of the voters. The latest referendum in Czech Republic took place in 2003 and Czechs voted in favour of joining the European…

Politics

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As The Slovak Spectator writes Jana Dubovcová (former judge and SDKU MP) was appointed a new Slovak ombudswoman on March 28, 2012. She replaced Pavol Kandráč who was in the office of ombudsman for last two five-year terms. At the same time talks over new government are being held, the newest information is that Jan Počiatek, former minister of finance, will be appointed the new transport, construction and regional development minister. More information here.  …

Politics, Society

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The Sofia Echo writes about a ranking of the most influential people in Bulgaria presented by the local edition of Forbes magazine. The first place was granted to the Prime Minister (GERB) Boiko Borissov, second was Tsvetan Vassilev – Corporate Commercial Bank majority shareholder. Among 30 people there was only one woman – Tsvetelina Borislavova, majority shareholder of Bulgarian American Credit Bank. More about the ranking here.