public debt

January 11, 2024

High Taxes and Wasteful Spending – Two Sides of the Same Coin

The last budget of former Finance Minister Peter Kažimír, which was presented in 2019, before he left for the comfortable office of the National Bank of Slovakia, estimated a deficit of 0.1 per cent of the GDP – some €100 million.
September 28, 2022

Denmark Can’t Solve Its Cost-of-living Crisis With Free Cheques

In all likelihood, the Danes will have a general election within a month. Campaigning among the Danish politicians has been ongoing for months, although the election hasn’t been officially announced by the incumbent Social Democratic PM Mette Frederiksen.
May 11, 2022

The Day of Respect for the Taxpayer

On May 11, Lithuania celebrates The Day of Respect for the Taxpayers. On this occasion, the Lithuanian Free Market Institute (LFMI) stresses that a public sector that serves its citizens and creates value is an expression of respect for taxpayers.
April 26, 2021

Towards a New Fiscal Policy

In February, the Bank of Spain published its statistics on the Spanish public debt, indicating that state liabilities reached 117.08% of GDP at the end of 2020. In the beginning of January, the Minister of Finance, María Jesús Montero, announced that Spain ended 2020 with a deficit of 11.3% of GDP.