finance

The illusory truth effect is a psychological phenomenon describing the tendency to believe false information to be correct after repeated exposure. One example I can think of in Slovakia is the statement about \"cherry-picking\" in the hospital sector. Lower-tier hospitals cherry-pick the easy and profitable patients and send the rest to the larger state hospitals, which then make economic losses on them.

Price inflation is not inevitable. One of the most common explanations for price growth is identifying it with capitalism. The argument is that inflation is unavoidable as the economy grows. It is thought that for businesses to have an incentive to invest and wages to grow, the prices of goods and services should rise in the first place.

While the state does need to find new revenues, there will not be any substantive debate on taxation over the next four months, new Finance Minister Annely Akkermann (Reform) says.

The talks over the National Recovery Plan were to begin in February. Since then, the European Commission set particular conditions on which the assets would be transferred to Poland, mainly linked with the improvement of the deteriorating situation regarding rule of law in the country.

The period of instability in 2021 could easily be redefined as stretching up to 2022, given that the cabinet of Kiril Petkov lasted twice as short as that of Plamen Oresharski. The most recent elections show that the political crisis in Bulgaria is far from over.

In August 2022, the production recovery in Ukraine continued, but the dynamics of the indicators of the economic conditions indicate a possible slowing down of the recovery trend in 6 months perspective. This is indicated by several important factors.

In 2021, public expenditure per capita in Poland for the first time exceeded the amount of PLN 30,000. It accounted for 44.2% of GDP - less than the year before when the pandemic hit, but still much more than in 2019. Since 2015, public spending in Poland has increased in real terms by over 35%.

In times of galloping inflation, the Polish government creates another inflation impulse - the \"Coal allowance\", the payment of which is expected to cost as much as PLN 11.5 billion.

In its 2021 survey, the NESG found several misunderstandings and issues as to why would Georgian producers or importers prefer Russia to the EU. The reasons are mostly emotional and not based on factual realities (like cheaper prices in Russia or language-related problems).

Every individual earns money for living somehow. The society agreed that the government is needed and this means we should pay money for their service, and we call it taxes. We may not like paying taxes, but we understand the need for the government to exist.