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Spain Update: Running from the Bulls?
Marc Chandler...increase in interest income in Q1 and this is the exception that proves the rule. Santander reported a 17% decline in...

Stiglitz: Ostatnie wytchnienie dla euro
Joseph Stiglitz...innych państw) do niekontrolowanego narastania bańki aktywów. Jeśli w tych krajach zastosuje się rozważną politykę, ustanowi lepsze instytucje – co nie...

Hungary is unexpectedly back on investors’ agenda
Marcin Grela...state in the economy in recent years. Although the government and the central bank are gradually backing out of the...

Ekonomiści: rzeczywiste zadłużenie USA przekracza 500 proc. PKB
...of income is higher. The relative impact of a 1 percent decrease in the sale tax versus a 1 percent increase in...

What is competition?
...the more sellers there are, or the smaller the share of the market any one of them has, then the...

A green light for Public Private Partnership in Poland
Krzysztof Bień, Katarzyna Mokrzycka...If we do not invest in our energy sector now, including in the modernization of the transmission networks, then in...

Nie ma z kim rozmawiać o podatkach
Jan Bazyl Lipszyc...to podejście do VAT ustawodawcy. Mechanizm stwarza pokusę oszustw. Ustawodawca stara się zapychać wszystkie możliwe dziury w ustawie, co powoduje, że...

Conflicting Impulses Make for Treacherous Waters
Marc Chandler...guidance was greeted by much skepticism in the market. The Canadian BOE Governor simply under-estimated the strength of the UK...

Racja Greenspana
Katarzyna Kozłowska...or become complacent about the complexity of the interactions of asset markets and the economy. Thus, evaluating shifts in balance...

The automotive market has shaken the European economy
Wojciech Mroczek...Largely influenced by declines in the automotive sector in the Q3’18, the annual GDP growth in the Eurozone slowed down...