economy

The Bulgarian government will spend over BGN 63 billion in 2022. For the first time, Bulgarian citizens can track the spending of their funds on a daily base in an accessible, interactive, and easy to use application.

The new conflict with the Russian regime, which is reviving its Soviet ambitions, has unified Europe and reminded the countries in the V4 region to realign its interest as well as economic solutions away from the East (Russia and China), and back to the Western Europe and the U.S. spheres of influence.

Preventing gold-plating is once again reinstated by the EU as an important measure to reduce barriers to the single market. The LFMI, in cooperation with other European think-tanks, presents a study \"Gold-Plating: How to Identify and Avoid\".

Georgia\'s goal should not be to fool Russian consumers to sell them Georgian low–quality products, but to improve their quality, so that we can find more demanding, but reliable, customers.

The year 2021 brought to light what is otherwise invisible and unappreciated in normal times. Business people were unexpectedly commended for the growth of GDP. But what was the actual cost of growing it?

The Polish Deal was a new socio-economic programme of PiS for 2021-30. It was announced in May and approved by the government in September 2021, before coming into force at the start of 2022.

The US Federal Reserve System (Fed) has announced that it will raise interest rates. They have been at zero since the start of the pandemic and since the last recession in 2009, they hit their highest level in 2019. But even in 2019, they were very low, with an effective rate of about 2.5%.

While for the second year now we have been tracking new numbers of coronavirus-related cases and deaths several times a day, and estimates for the cost of the economic lockdown range between two and four billion CZK a day (for the Czech Republic), another crucial figure has escaped our attention.

In the latest edition of the International Tax Competitiveness Index, Poland was placed 36th out of 37th OECD countries. In the international ranking of tax systems\' competitiveness prepared by the American Tax Foundation, only Italy scored worse.

The inflation in Hungary is just as bad as it is in the rest of Europe: in 2021 the rate of the inflation was 7.4%, which was a 13-year-old record. It is a logical step from the government that they want to reduce its level and want to moderate the prices.