Furious Merkel
Does Europe remains focused on austerity and structural changes as its preferred strategy to deal with crisis? Most likely not. Why? The European Union statistics office on Wednesday noted that…
Čítať viacThey’ll leave again
So it happened. Finally. The recession is over. The 0.3 % growth is considered as the end of it. Not so hurry. Cautious is also Mari Draghi who said that…
Čítať viacNothing is weaker than strong Brussels rules
The Governing Council of the ECB decided that main interest rates will remain unchanged. The reasons behind the decision were facts as repayment of 22% of the LTRO program which…
Čítať viacThe Government has deployed a weapon of mass destruction
Increasingly, we can see that the government declares something, but in practice does the exact opposite. There is not almost a single day without some governmental representative claiming that the priority…
Čítať viacThe Compass is Broken
The world has been slipping further into economic illiteracy over the past five years, with seemingly no country immune. From the United States, ostensibly still a bastion of classical liberal…
Čítať viacThings the Brits Should Consider for the Big Decision
The British PM has announced his plans of letting the Brits decide on “Britain in the EU” on referendum. David Cameron promises to do so in case Conservative party forms…
Čítať viacAfter Cyprus
The rescue package for Cyprus finally consists of a 10 billion euro bailout from the ESM and it has one crucial condition of taxation all deposits larger than 100,000 euros…
Čítať viacWe are globally freer
Index of Economic Freedom was released last week. Slovakia was 57th down 15 places from previous year. The main reason behind decline of economic freedom in Slovakia was higher taxation,…
Čítať viacThe EU leaders shamefully wasted five „Greek“ years
Emergency euro summits being organised at the last minute. EU leaders discussing new proposals until late night. A conclusion is reached in the early morning: „we need another emergency summit“. This…
Čítať viacEuro Will End in 5 Years
European Commission President Barroso started to criticize the austerity measures that the EU has imposed on the mainly Southern European members states in economic crisis. He stated that while the…
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