editorial partner Liberte! Friedrich Naumann Foundation

European Union

Can Bulgaria Get Out of Trap of “Poorest“ EU Country
Economy
Can Bulgaria Get Out of Trap of “Poorest“ EU Country
Bulgaria\'s per capita gross domestic product in purchasing power parity terms has reached 64% of the European average in 2023. This is one of the indicators that most accurately shows convergence within the European Union, as it takes into account the differences in prices across countries and therefore gives fully comparable values.
Tax Competition Is Already on Decline
Economy
Tax Competition Is Already on Decline
A global minimum tax model will reduce tax competition and put companies in a race for public subsidies. The idea of a minimum corporate tax rate of 15% for multinational groups, floating around in international platforms since 2013, has been implemented from the beginning of this year. The Organisation for Economic Co-operation and Development agreed on a new tax regime in 2021, followed a year later by the European Commission.
EU’s Digital Market Act: Impending Consequences for Global Consumers
Economy
EU’s Digital Market Act: Impending Consequences for Global Consumers
March 7, 2024, marks a significant date for the European Union and, potentially, the global digital landscape. A completely new set of rules for controlling competition will be fully applied. The Digital Market Act (DMA) reaches its final implementation milestone, aiming to create \"fair digital markets\" within the EU by curbing the influence of major tech companies.
Through Green Deal, EU Has Declared War on Entrepreneurship
Politics
Through Green Deal, EU Has Declared War on Entrepreneurship
An EU sustainability regulation, part of the Green Deal, risks making entrepreneurship almost impossible in the European Union. By aiming to “harmonize” at the EU level the criteria for which economic activity “qualifies as environmentally sustainable”, the regulation in question will make doing business in the EU unnecessarily difficult. Complying with environmental legislation in the European Union, besides being controversial, is already very complicated.
Silent Taxation
Economy
Silent Taxation
Imagine you are running a business. You have a small business or a trade, and you are doing just enough to maintain the same standard of living across challenging times. Then suddenly, without any increase in your income compared to the prices around you, the state tells you that you are already earning enough to pay more in taxes.
If You Want to Save the Planet, Let Markets Work
Economy
If You Want to Save the Planet, Let Markets Work
Currently, Europe is focusing on other issues, particularly environmental protection and the fight against climate change. To this end, a broad investment strategy has been developed, which is detailed in the Green Deal and other related plans. A key component of these strategies is the energy sector, where the European Union has set ambitious targets for transitioning away from coal-fired energy sources and promoting the use of renewable sources.
Polish Public Debt Continues to Grow
Economy
Polish Public Debt Continues to Grow
Mateusz Morawiecki, during the recent press conference \"Stable public finances in unstable times\", bragged that under the rule of PiS’ government \"the [public] debt in relation to GDP will fall\" and it will be the case \"despite gigantic expenses during the pandemic, despite huge expenses on the anti-inflation shield.\" He stressed that \"there are no catches here, there are no special operations.\"