Is Default of Slovakia Realistic?
The current social package worth more than a billion euro has definitively confirmed that Slovak government is going kamikaze in the area of public finances. After all, the money is “lying on the pavement”.
finance
Bulgarian Perspective on Whether EU Commission’s Spring Forecast for Economic Growth Is Too Optimistic?
The EU Commission’s (EC) spring forecast, demonstrating the expected real growth for 2022 and 2023 was published exactly a day before the preliminary data for growth in the first quarter of 2022.
Poland and Hungary Versus Rule of Law and EU Funds [PODCAST]
In this episode, Leszek Jażdżewski hosts Gabor Halmai, Professor and the Chair of Comparative Constitutional Law at the Law Department at the European University Institute about the rule of law, EU funds, and the socio-political situation in Poland and Hungary.
Green Investment: Integrating Finance Sector and Green Deal [WEBINAR]
Green investment is the process of directing financial flows to sustainable development priorities, for example, from banking, insurance, or investment. These flows are key in the implementation of the objectives of the European Green Deal.
Optimism Despite Uncertainty: Results of First Monthly Survey of Ukrainian Enterprises
The need for comprehensive information on the economic situation is important for economic policy during the full-scale Russian invasion of Ukraine, which led to the seizure of Ukrainian territories, terror against civilians, and destruction of industrial facilities and infrastructure in Ukraine.
Increase in Money Supply And Prices: What Happens to Value of Money?
One of the debates which has intensified recently is to what extent is lax monetary policy causing the increase in the price inflation.
IME and “Data for Good” Create App to Highlight Public Spending on Daily Basis
The Bulgarian government will spend over BGN 63 billion in 2022. For the first time, Bulgarian citizens can track the spending of their funds on a daily base in an accessible, interactive, and easy to use application.
Four Waves of Inflationary Taxes, Are You Ready?
Inflation is often referred to as a tax, imposed without parliamentary approval, without legislation and without considering the consequences. Today’s inflation is special: printing money seemed to be pretty much the only way to respond to the pandemic and to finance rising public spending.
State Can Print Money, Not People
Governments have responded to the pandemic by printing money, thus disrupting the usual economic relationships. Financial capital, which was long been regarded as a most-demanded resource, has lost its position to raw materials which in turn have lost to labor force.
Cryptocurrency, Blockchain, Decentralized Finance
Cryptocurrencies are here to stay. As we find ourselves in the digital transformation, accelerated by the COVID-19 pandemic, the topic of cryptocurrencies no longer should focus on their stereotypes, or if they are a worthwhile investment but rather on how we can educate and integrate cryptocurrencies into our everyday lives.
