Interview for CEA Magazine about NGEU
Martin Vlachynský talked in CEA Talk podcast about why Europeans should be concerned about 750 billion EUR packaged called Next Generation EU.
Martin Vlachynský talked in CEA Talk podcast about why Europeans should be concerned about 750 billion EUR packaged called Next Generation EU.
Governments around the world reacted to the pandemic situation in similar fashion. Costly economic stimulus packages popped out, undermining the role of decentralized reaction from the bottom and strengthening state’s role in economy. European Union introduced the EUR 750 billion worth Next Generation EU package. Next Generation EU and its crucial part, Recovery and Resilience Facility, promise to bring an era of growth and stability to the European Union and its 27 member states. Can this promise be fulfilled, and if so, at what cost?
Next Generation EU and its crucial part, Recovery and Resilience Facility, promise to bring an era of growth to the European Union. Can this promise be fulfilled, and if so, at what cost?
In the process of writing the pre-election commentary, I received the second of two crowdfunded polls concerning preferences of political parties. The outlook was not that similar to the actual result – there was one distinct exception. Nobody had anticipated that the coalition PS/Spolu would not make the cut by 926 votes.
Prague, September 11, 2019
On September 10, 2019 ,the first international finale of the Economics Olympiad took place in the Czech national bank in Prague. Slovakia was excellently represented by five students from whom two reached the first two medal positions. High school students undoubtedly proved that despite reports of low financial literacy of Slovaks, there are many exceptionally talented young economists who will not get lost even in international comparison.
Long announced “retail chain tax” is taking its final shape in Slovakia. The law passed the first round of voting in the parliament and is awaiting the second voting in November. The government’s intention is to lower the market power of large international retail chains. Unfortunately, the alleged problems are mostly made-up. Instead, this tax may end up raising the food prices and wrecking havoc in Slovak retail.
