The final effect of the carbon tax is determined by the way in which additional resources are handled. Every tax results in reallocation of scarce resources for purposes less desired by consumers. Not only do taxes diminish the utility of a consumer, but they also have a negative impact on economic growth.
The new Slovak government brings new hopes for an education reform. Previous governments were unable to manage the ministry. They typically came up with announcements of general changes, only to get suffocated by dealing with pointless details in the end.
Slovakia is not Wuhan. Slovakia is not even Bratislava alone. The optimal solution for the capital is different from the one for Pribylina (a small village in Slovakia). Closing a country like ours, where half of the population lives in the countryside, is a comfortable waiver of responsibility by those in charge.
Slovak large-scale employers want the highest possible wage compensation, looking up to the German or Austrian Kurzarbeit system, which covers up to 85% of wage costs. Journalists and some economists argue that we should borrow as much as we can.
The ongoing epidemic requires an adequate response. In terms of the upcoming weeks, Slovakia should proceed in an organized and responsible manner.
The epidemic of good advice, tips, challenges, and recommendations for the new Slovak government is much stronger than the viral one. There are many things to fix, to improve, and especially – to save.
The eagerly awaited parliamentary elections in Slovakia are all over. Igor Matovič, the expected new Slovakian Prime Minister, became the clear winner with his anti-corruption movement “Ordinary People and Independent Personalities” (OĽaNO).
Igor Matovič, the leader of OĽANO, had been appointed to establish a new governing coalition and the talks between parties that passed the threshold started. SMER-SD and ĽSNS will be in the opposition, while Matovič is negotiating with Sme-rodina, Za ľudí, and SaS.
With the parliamentary elections approaching, Slovakia is facing an unprecedented situation of uncertainty. The elections are held after four challenging years, marked by the murder of the journalist Ján Kuciak and his fiancée Martina Kušnírová, and number of subsequent anti-government protests.