financial crises

September 29, 2017

Perspectives for Poland

In the last 25 years, the Polish economy has grown faster than the economies of Western Europe and the US, which enabled a significant reduction of the distance separating it from richer countries. Annual GDP growth in the years 1992–2011 was 4.1%, which was the best result among those Central and Eastern European countries that started to transform at the same time as Poland.
February 29, 2016

The Balance Sheet of French Public Administrations Is in the Red by 56% of GDP

Public administrations are fulfilling their role perfectly in going into debt because this finances projects that could not be undertaken by the private sector. But do the numbers back up this idea?
November 4, 2015

The Key Measure in the Greek Crisis Is Political Capital

The Greek crisis has cost taxpayers across Europe hundreds of billions of euros, compounded a huge recession which has plunged the country into vast unemployment and strangled the Greek private sector by burdening it with incredible amounts of taxation.