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The Czech Republic in EU Single Market: Two Decades of Growth and Challenges
Economy
The Czech Republic in EU Single Market: Two Decades of Growth and Challenges
After joining the European Union, the Czech economy experienced rapid growth. Exports to EU countries soared from 25 billion euros to 188 billion euros in 2022. The growth rate of foreign direct investment increased fourfold after the Czech Republic joined the EU. GDP per capita rose by an impressive 46%. These figures speak clearly: being part of the European Single Market has become essentially vital for the Czech Republic.
Dilemma of Taxing Still Wine
Economy
Dilemma of Taxing Still Wine
In the Czech Republic, there has been a long-standing discussion about the possibility of taxing still wine. This issue is particularly relevant during times of economic crisis when the state is looking for ways to increase tax revenues. However, the introduction of new taxes should be based on a thorough analysis of impacts and should consider the insights and interests of all stakeholders involved to ensure that the tax is neither unnecessarily costly nor ineffective.
‘Russian Law’ 2.0: Unlawful and Anti-Constitutional
Politics
‘Russian Law’ 2.0: Unlawful and Anti-Constitutional
The Georgian government, ruled by an informal leader (recently branded a \"Puppet Master\" by the Financial Times), adopted the Law on Transparency of Foreign Influence. The Georgian Dream party claims that the country is facing a threat from agents of foreign influence, particularly from a \"Global War Party\" that includes local non-government and international organizations (including the New Economic School, which was founded in 2001).
Poland at Single Market: Benefits, Barriers, Reforms
Economy
Poland at Single Market: Benefits, Barriers, Reforms
The twentieth anniversary of the entry of Poland and nine other countries into the European Union is a good time to remind ourselves of the benefits associated with this. In the Economic Freedom Foundation\'s report, we focus on what is most important for the Polish and EU economies – the Single Market. More than thirty years since its creation, it can be considered a great achievement and the foundation of European economic development.
Ban on Combustion Engines Benefits No One – Not Even Climate
Economy
Ban on Combustion Engines Benefits No One – Not Even Climate
In 2035, the ban on combustion engines is set to become a reality at the EU level. From that point onwards, only pure gasoline or diesel vehicles should no longer be allowed to be sold. But what does this decision entail? To understand: The combustion engine ban pursued by Ursula von der Leyen does not entail a complete prohibition on driving conventional combustion engine vehicles starting in 2035.
New Report Shows: No Effect of Debt Brake on Public Investments
Economy
New Report Shows: No Effect of Debt Brake on Public Investments
The debt brake repeatedly sparks discussions and as the next budget negotiations in Germany draw nearer, voices calling for a relaxation of the rules on debt limitation grow louder. There were good reasons for its introduction, including the ever-increasing public debt burdens. The public debate in Germany is primarily conducted with unproven theses, assumptions, and assertions, as there has been no comprehensive study on the impact of the debt brake.
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.
2024 Will Be Crucial for Future of Democracy
Politics
2024 Will Be Crucial for Future of Democracy
This year will undoubtedly be crucial for the future of democracy. As Professor Timothy D. Snyder, specializing in this area, says, it could be a year of either a breakdown and further prolonged recession of democracy worldwide or a breakthrough and the defense of these democracies. They will manage to confront the growing populism, disinformation, and tremendous pressure from authoritarian systems.