Upner report 37- Soap opera continues
Unexpected news came from Scandinavia last week. Sweden will have lower corporate tax rate than Slovakia! Last Thursday Swedish government announced its intention to lower tax rate from 26,3% to 22%…
Čítať viacChina Hides Data
We had two announcements of central banks in the Europe. First was Bank of England with a new boss Mr. Carney. Second was ECB. The Bank of England mentioned that…
Čítať viacBetter tomorrows are not coming
What was not successful strategy in Germany was successful in Austria. For the first time a pure euro skeptic party founded by billionaire Frank Stronach will enter into the Austrian…
Čítať viacSpain and Italy should be on the radar
When there are no good news in short term let´s create them in the long term. This is definitely slogan of all politicians. European commission for example predicted very slow…
Čítať viacA Fairytale about a Monetary Union
Fairytales are an inseparable part of not only child’s world, but even many grown-ups believe in fairytales. There is an interesting category in this genre, the so-called European fairytales, in…
Čítať viacPuppet parliament
We are used to the fact that our parliament is not an autonomous source of legislative power, but merely a puppet in the hands of the government. Thus, a vast majority of…
Čítať viacDestiny of Greece will be decided by it’s attitude towards reforms
Another part of Greek drama has it’s clear beginning and the end, because it is surrounded by two important dates. First is January 25., the day of victory of the…
Čítať viacStart-up mania
In the last few years, the word Start-up has established itself in the Slovak language and is successfully edging out the original term – “a beginning entrepreneur”. A start-up, a…
Čítať viacThe world is upside down, interest rates are negative
We take many things in life for granted just because we have never seen them be any other way. You will surely agree that among those things is the expectation,…
Čítať viacAll markets are rigged
It is still working. Mario Draghi just explained what ECB board council was discussing and markets jumped on this verbal game. ECB let basic rates unchanged and board had just…
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