Articles

According to The Lithuania Tribune 3,000-3,500 people participated in the protest against new rules concerning education in the minority schools held in Vilnius on March 17, 2012. Demonstration started in front of the parliament and then moved on to the government’s offices where rally took place. Protests were of a peaceful character, no serious incidents […]

On March 15, 2012 Wenseclas Square in Prague became a gathering point for thousands of demonstrators against the coalition government and President Vaclav Klaus. Estimations as to the number of participants vary from 2,500 to 5,000 people. As The Prague Post writes protests were organized in various cities in the whole country under the name […]

As The Budapest Times writes the EU presented Hungary with ultimatum: either the coutry will prove to the EU that it has its budget under control until 22 June or it will lose a big share of development funds for 2013. In order to meet the EU deficit target (below 3% of GDP) further cuts […]

As The Lithuania Tribune writes Lithuanian GDP increased more than expected in the last quarter of 2011. When it comes to investment data the growth reached 10% and growth of the export, even though slowed down, still exceeds growth of import. At the beginning of the year income of the central government exceeded its expenses. […]

On Saturday March 10, 2012 Smer won parliamentary elections in Slovakia receiving 44.41% of votes. The Slovak Spectator publishes today official results, confirmed by the Central Electoral Commission (ÚVK). They are as follows: 1. Smer – 44.41% 2. The Christian Democrats – 8.82% 3. The Ordinary People and Independent Personalities – 8.55% 4. Most-Hid – […]

On March 9, 2012 Simeon Djankov, Bulgarian Minister of Finance and Deputy Prime Minister announced that Bulgaria will repay its foreign debt using three sources of income. According to Sofia News Agency novinite.com these sources include “privatization of unnecessary State assets, short-term government securities, and mid-term 5 or 7-year Euro bonds in equal shares“. The […]

According to The Budapest Times 15th March (national holiday in Hungary commemorating 1848 War of Independence) 2012 will be marked by two demonstrations held in Budapest. One is organized to protest against Viktor Orban’s policy under the title “Let’s wash away the shame”. On the same day supporters of Orban will gather on Kossuth tér […]

Parliamentary elections in Slovakia will take place on March 10, 2012. According to the lates surveys presented by The Slovak Spectator seven politial parties have chances of crossing the 5% threshold. Smer is supported by 40% of the surveyed, the Christian Democratic Movememner (KDH) – 12% , (Most-Hid) – 7%, the Slovak Democratic and Christian […]

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Slovak think tank INESS, the Institute of Economic and Social Studies, calculated the total potential risk exposure related to Eurozone rescue mechanisms on per capita basis. It is published on the institute”s new project website eurokriza.sk (“eurocrisis”). The Euro Bill summarizes total liabilities, guarantees and risk exposure created by bond purchasing programs, which were created […]