Politics

Monitoring of voting of members of the National Council of the Slovak Republic.

Crisis on Cyprus brought new tailwinds in the sails of the crisis in Europe and fully opened the question which had only been cautiously considered behind the scenes until now – how to deal with European banks?

In the majority of cases, they are extremely anti-development and fulfilling these demands will only lead to the increase in the unemployment rate.

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.

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.

The outcome of the coming elections in May is not easily predictable.

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.