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In late 2015 – early 2016, when the ABCA survey was conducted, Ukrainian small and medium businesses mostly assessed business climate in the country as neutral or negative. Only 6% of the polled SMEs believed that business climate was favorable.

It looks like cryptocurrencies are once again becoming a reliable payment method for citizens living in unfavourable conditions. Just recently, Venezuela joined the ranks of the likes of Greece, China, or Cyprus in opening the gates for cryptocurrencies.

On September 14, 2016, the Lithuanian Parliament endorsed a new Labour Code which will bring about the most notable changes in terms of types of employment contracts, working time and overtime regulation, annual leave, employee dismissal procedures, and the size of severance pay.

The EC’s decision to start an in-depth investigation into Poland’s tax on the retail sector is undoubtedly right as this additional tax imposed on large stores is unjustified and harmful. It should be up to a consumer’s individual choice where to go shopping.

Italy is one of the first countries in Europe that has the major number of users and people aware of what is the so-called “sharing economy” (it is the third country after Turkey and Spain).

Backing out from NATO responsibilities could not only elicit the United States’ disapproval, but – among others – could also cause bad blood between Hungary and its presumed greatest ally, Poland, as it needs a strong NATO to countervail the power of Russia.

Since the victory of Fidesz-KDNP in the parliamentary elections of 2010, there were no successful political campaigns – not even those run by the governing parties. The only exception is the Two-Tailed Dog Party (Magyar Kétfarkú Kutya Párt, MKKP), which is currently conducting its second poster campaign.

49% of Lithuanian citizens see labor legislation as the means of achieving balance between employee-employer interests while 33% claim that it is an employee and 7% that it is an employer who should be defended by labor laws, LFMI’s survey shows.

We have the pleasure to invite you to join us during the forthcoming third edition of the Freedom Games forum to be held in Lodz (Poland) on October 20-22, 2016. The leading topic of the 2016 edition of the forum is the Clash of Cultures and its various dimensions.

Economic slowdowns are always challenging for the state authorities. Expenditure cuts and search for new sources of income often lead to imperfect policy changes. In 2012, KGHM became a victim of a government’s hunt. As a result, the company was forced to pay a new silver and copper extraction tax.