Blog
June 26, 2025
The more tasks the Federal Reserve takes on, the more difficult it will be to maintain its independence. Especially if, in addition to ‘exercising powers that belong to the Treasury Department’, the central bank deals with ‘social problems’ such as climate change or inclusion, to which there are various policy responses but no technical, neutral approach.
June 6, 2025
In March, the incoming German coalition government led by Friedrich Merz from the right-leaning CDU/CSU – the Christian Democratic Union of Germany and the Christian Social Union based in Bavaria – worked with the SPD (Social Democratic Party) and the Greens to pass a historic legislative measure, loosening the stringent rules surrounding the country’s ‘debt brake’ constitutional amendment, known as the Schuldenbremse.
May 22, 2025
Bulgaria and fifteen other member states have declared their intention to increase (in a coordinated manner) their defence spending without violating the new EU fiscal rules framework. Simply put, the budget deficit will be allowed to exceed 3 per cent of the GDP for the period 2025–2028 if it is allocated to additional military spending, whether in the form of investments or recurrent expenditures.
May 16, 2025
Published by Prometheus on May 16, 2025
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Geopolitical tensions have repeatedly made gold a popular investment option. This appears to be the situation in Germany since 2024.
May 1, 2025
It has been over three years since Russia’s full-scale invasion of Ukraine. As morning dawned on 24th February 2022, most analysts in the West thought Ukraine stood little chance. As Russian troops flooded into Ukraine from the north, south, and east, the talk from media outlets and Western governments was about arming an insurgency, not a conventional defence.
April 23, 2025
EU sanctions against Russia can be divided into four groups. The first group consists of sanctions on approximately 2,400 specific individuals, ranging from politicians to oligarchs and propagandists. These individuals have had their European assets frozen and are banned from entering Europe. From the perspective of the Slovak economy, this part of the sanctions is completely insignificant.
April 17, 2025
EU policymakers have noted that growing the region’s economy while maintaining its bureaucratic red tape is like trying to run a marathon in iron shoes.
April 9, 2025
Amid the heated transatlantic disputes of the last few weeks and the realisation that the US wants to play a smaller role in the defence of Europe, one thing is becoming clearer – the EU in the coming years will have to invest more in defence.
April 2, 2025
“Why Liberalism Failed” is the title of a bestseller published in 2018 by Patrick J. Deneen, an American political scientist. It is a book that would have been unthinkable 30 years ago. Back then, liberalism seemed to be the only possible future: the Iron Curtain had fallen and free democracies were on the rise.
