Is Default of Slovakia Realistic?
The current social package worth more than a billion euro has definitively confirmed that Slovak government is going kamikaze in the area of public finances. After all, the money is “lying on the pavement”.
The current social package worth more than a billion euro has definitively confirmed that Slovak government is going kamikaze in the area of public finances. After all, the money is “lying on the pavement”.
The EU Commission’s (EC) spring forecast, demonstrating the expected real growth for 2022 and 2023 was published exactly a day before the preliminary data for growth in the first quarter of 2022.
The conclusions of the ECB’s report is that establishing an environment that favors a steady convergence requires policies aiming at economic stability, as well as wide structural reforms. This statement holds regardless of whether we will adopt the Euro or not.
Sejm has approved removing the Disciplinary Chamber of the Supreme Court, a body used by the PiS government to sanction outspoken independent judges, and which has drawn condemnation from the European institution.
As far as power goes, Hungarian Prime Minister Viktor Orbán cannot complain. His party, Fidesz recently won its 4th consecutive elections, with a supermajority no less.
In this episode, Leszek Jażdżewski hosts Gabor Halmai, Professor and the Chair of Comparative Constitutional Law at the Law Department at the European University Institute about the rule of law, EU funds, and the socio-political situation in Poland and Hungary.
Green investment is the process of directing financial flows to sustainable development priorities, for example, from banking, insurance, or investment. These flows are key in the implementation of the objectives of the European Green Deal.
The need for comprehensive information on the economic situation is important for economic policy during the full-scale Russian invasion of Ukraine, which led to the seizure of Ukrainian territories, terror against civilians, and destruction of industrial facilities and infrastructure in Ukraine.
The directive imposing a pan-EU 15 percent minimum effective corporate income tax on large companies, would, according to the European Commission, address tax challenges caused by digitalization and ensure that companies pay “their fair share of tax.”
One of the debates which has intensified recently is to what extent is lax monetary policy causing the increase in the price inflation.