In non-emergency times, the role of economic freedom, defined as a lack of interference or coercion by others in an individual’s economic decisions, has been scientifically proven to yield economic growth and prosperity for the greatest number of people.
Hungary is the black sheep of the European Union. Its contrarian agenda offends the common opinion of other member states. Just recently, the Hungarian government not only threatened to veto the EU recovery budget but also voiced its opposition to the Gender Action Plan, a foreign policy initiative to buttress the rights of women, girls and LGBTQI worldwide. But don’t be fooled: behind this maverick political performance of the Orban government lies a shrewd and…
How well would an average politician, clerk or analyst at a ministry perform as an investor? Recently, we have had several opportunities to witness it ourselves. In some public projects, the low return on investment is evident even to a random passer-by.
The European Commission has announced its proposal for a recovery plan with a total budget of 750 billion euros, called Next Generation EU. It is based on the new Instrument for Recovery and Sustainability, with a proposed resource of EUR 560 billion.
In Slovakia, non-monetary transfers are often forgotten due to the contributions system – this is set up so that only self-employed know, with exaggeration, how expensive it is. Most employees have no idea that the employer pays an additional 35% to their gross wage.
Analysts investigating the roots of the PiS’s dominance agree that one of the strongest pillars of its success is a massive universal child benefit scheme called “Family 500+”, providing each and every Polish family with a monthly payment of PLN 500 (ca. EUR 115) for their second and every next underage child.