Petr Necas's determination to drive down the Czech Republic's budget deficit has been so strong that he sparked a political crisis which almost unseated his government and has many economists blaming him for the country's lengthy...
The finance minister believes that next year the European Union will decide to abrogate the excessive deficit procedure against Poland. This would give the government a free hand to implement reforms stimulating the economy. But...
When Prime Minister Donald Tusk addressed parliament last week he was speaking to a much wider audience than just the deputies sitting in front of him and the national public – key recipients of his message were the analysts...
Many countries, especially European ones, are tormented by the financial crisis that has been evolving since 2007, and the recession developing since the beginning of the year. An attempt to describe this situation using a single...
At the end of September at the latest, a draft budget for 2013 will be submitted to the Sejm. Due to the economic slowdown, it may be difficult to implement it, but this does not have to be so. The budget has many safes with...
The joy over the record low interest obtained by the Polish government when selling the dollar bonds for USD 2 bn seems justified. Unfortunately, only at first glance.