Education is one of the most important tasks of the state, the major problem for families with children of school age, and a significant problem for enterprises looking for suitably skilled employees.
Slovakia’s public deficit in 2015 was better than expected, improving by 0.26 percentage points, compared to a notification from the spring, to 2.71 per cent of GDP in the autumn, largely due to the improved collection of...
Czech Finance Minister Andrej Babiš does not favor swapping the crown for the euro yet, telling the daily Hospodarske Noviny: "I am convinced the question of adoption is not whether we will accept it but how to do it well."
The rating agency Standard & Poor’s raised its rating of Hungarian Treasury bonds back to an investment grade. Fitch has already taken similar decision in May 2016. For the last four years, the rating agencies have rated...
Poland has become the first European country to issue government bonds on the Chinese market, with the finance ministry issuing three-year bonds worth CNY3bn (about EUR400m) denominated in the Chinese currency.
The administration in all countries is overdeveloped, ineffective and in debt. Many specialists believe that public sector should play a less significant role, also in the Polish economy. The key question is: what does the state...
As compared to the current EU budget, Poland is to receive EUR 5 billion more in the budget for 2014-2020, but the funds will be more difficult to use. Local governments will benefit most from it if only they manage to master...
The Government has submitted a draft 2013 budget to the Sejm. With the economic growth planned for 2.2%, revenue is to increase by 2.4% in nominal terms and expenditure by 1.9%, excluding the European funds. Analysis of the...
The announcement of Prime Minister Donald Tusk’s keynote address has spurred the Polish opposition into action. In early September, all opposition parties presented their ideas for the economy. They can hardly be called...
For a truly frightening look at the mess the Washington spending machine has created, have a look at these: From the Washington Post: „New Estimate of U.S. War Costs: $4 Trillion” Amid a growing debate...