During 2019, there was a significant change in the monetary policy of central banks in the United States and the Eurozone. As monetary policy strongly influences economic developments, this has caused a significant change in the...
Very few Polish companies have implemented climate policies. The situation may change, however, once the new EU financial tools and reporting obligations are introduced. In spite of the pandemic, there have never been more...
In the OECD report on countries’ compliance with international tax standards Malta was downgraded from “largely compliant” to “partially compliant”, making the island country the least cooperative EU member state in...
Securitization, stigmatized for being one of the main causes of the 2008 financial crisis, is in practice becoming an increasingly enticing mechanism for reviving assets and creating new ones. The establishment of a clear legal...
The difference in the consumption level in Poland and the EU average is narrowing. Polish incomes are lagging behind other EU member states, but the prices are also much lower. However, Romania is catching up with the more...
The European Commission composed a list of high-risk third countries which have “strategic deficiencies in their AML regimes”. Entities connected to these countries will have to go through an increased scrutiny before...
The coronavirus shock in the first phase of the crisis caused various types of imbalances in the markets of goods, services, property and labor. Unravelling these imbalances requires time to adjust but some countries don’t have...
The relations between the EU and the Western Balkans have been based on wrong assumptions that the liberalization of trade between the two blocks will solve the problems of the latter. The scenario, which was so successful in the...
In light of the coronavirus crisis our environmental challenges can be approached in two ways. Delaying implementing ecological solutions or implementing them immediately as a tool to fight the economic crisis.
Following a series of money-laundering scandals the European Commission is stepping up in the fight against financial crime. Warning of gaps and weaknesses in national AML systems, it calls for a unified, European approach to...