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Just recently the Ministry of Finance issued 5-year external debt in euro, with annual coupon of 4,25% and annual yield of 4,436%. The total value of the issue was EUR 950 million, while the submitted bids stood at over EUR 6 billion. The issue was oversubscribed in just 30 minutes from hitting the screens and […]

In Bulgaria, during the years 2000-2009, there has been an increase from 21% to 46% in the employment rate of people aged 55-64 years old.

INESS released English version of The 2012 Universe of Public Expenditures, a poster with a graphical representation of all public expenditures financed by taxes and contributions. It enables one to understand the relationships among the individual items of public administration. It is a useful aid in illuminating the basic financial flows between citizen and state Bei […]

The Republikon Institute carried out a comprehensive and in-depth analysis concerning the electoral base of parties in the parliament. Apart from the characterization of voters the analysis examines some special questions in connection with the political parties which reached the required threshold in 2010 parliamentary elections: in case of Fidesz our major focus was on […]

The Ministry of Economy finally published the eagerly-awaited plan for amendments to the Law on Protection of Competition (LPC). The newly proposed texts in the LPC are, for all points and purposes, a reaction to the ‘drama’ between the suppliers and the supermarket chains. It is no secret to anyone that the government feels compelled […]

During the past decade Slovakia used to be called a tiger in the middle of Europe. We have earned this nickname because we implemented transparent tax system with lower rates which in combination with relatively cheap labor attracted many large investors. But big corporations were not the only companies who came here to set up […]

Since regaining independence some twenty years ago Latvia, a small, open economy has been tormented by three economic crises: first one resulting from the economic transition (institutional change from centrally planned to free market economy), second, in 1998, being transmitted from Russia, and the last one being part of the recent global recession. Despite these […]

Welcome address by Jiri Schwarz, Chairman of the MPS 2012 Organizing Committee  Dear friends of liberty and individual responsibility, It will be immense pleasure to welcome you at the greatest festival of classical liberal thinking under the auspices of the Mont Pelerin Society. This distinguished society for the defense and cultivation of principles of individual liberty […]

During the recent years the EU has been trying, via regulations of the EU Commission, to prevent people from consuming harmful food. The EU Commission thus produces legislation regulating food market and many of them, such as extensive law regulating gummy bears or the legislation stating “proper” shape of cucumber are nowadays taken by citizens […]

The National Statistical Office of Poland (GUS) is financed by tax-payers money and it should extend the range of publicly available statistical data: