Taking a loan in a foreign currency puts both borrowers and banks at risk. At the time of signing the contract, both providers and takers neglected the possible weakening of Polish zloty, believing in its further strengthening. Besides the fact that one can easily learn about it from various sources, the majority of borrowers knew that such a danger exists.
France is facing yet another challenge. The European Commission clearly stated that a restrictive regulatory approach that they have implemented must be avoided. A difficult road is ahead for the French government as it will have to admit that the country’s licensing practices are laughably outdated and have to be removed.
Despite being in the midst of holidays, it does not seem like a festive season in the world of cryptocurrencies. Several notable occurrences meriting attention were captured worldwide in recent weeks, predominantly in Russia, North America, and Europe.
There is a long history of schooling in Estonia, education is highly valued. As an IT-country, Estonia is working on better integration of IT into curricula. Our challenges are related to demographic changes, changes in school network and making teaching a more attractive profession.
Integrity Lab looked into the attitudes of the Hungarian society towards female politicians by a nation-wide representative research in order to better understand this phenomenon with special regard to the differences between voters of right and left-liberal parties.
The draft of the Federal Government’s Climate Protection Plan 2050 leaves no room for balance. Instead of concentrating on the achievable, unrealistic goals are formulated. Instead of competition for the most efficient solutions, you will find lovingly detailed planned economies and high costs.
How much of Austria is hidden in Germany? The Alternative for Germany (AfD) party is still far behind in approval ratings as is the FPÖ in Austria but its ideology is no less reactionary than that of the Freedom Party and thus, unfortunately, similarly seductive.
“Inequality” refers to very important aspects of social life. But the debate on equality is full of confusion because of its many meanings, methodological and empirical errors and very strong emotions which “inequality” evokes. Conceptual confusion includes the lack of precise distinction between the inequality of situation and the inequality of opportunity.
A government-initiated referendum on European Union migrant quotas will be held in Hungary on October 2, 2016. It is a part of the Hungarian government’s campaign to use the refugee and migrant crisis (and the dissatisfaction of citizens with the EU) to gain back voter support – and it works very well.
A morning of June 24 was like no other. Some people were woken up in the early hours by a piercing sound of their mobile phones, when their friends wanted to reach them. Others anxiously climbed out of their beds. Most of them immediately switched on BBC news on their tellies only to find out that their worst fears came true – the majority of British citizens voted ‘leave’ in the EU referendum.
