Piotr Arak, Łukasz Czernicki, Jakub Sawulski “EUROPP”, London School of Economics: Two key principles have sat at the heart of the EU’s fiscal rules since the Maastricht Treaty: that governments should run budget deficits no higher than 3% of GDP and maintain a public debt no higher than 60% of GDP.
Piotr Arak, “Afrikan Heroes”: Crises define generations. It will be no different for the young people who are experiencing today’s pandemic – the cost of which for them, in mental, educational and labour terms, has reached $1.7 trillion globally.
Piotr Arak, “Summitto”: Poland is one of the most innovative countries in the EU when it comes to closing the VAT gap.
Education, the labour market and mental health are three areas where the young generation will be hit the hardest by COVID-19.
Krzysztof Marczewski, Jakub Rybacki, Jakub Sawulski, “EU Observer”: Ireland is the only EU member state which avoided recession in 2020. A miracle? No – Ireland is European Union’s tax haven.
The Visegrad Group was established on 15 February 1991. In 1991–2019, its GDP rose by 155 per cent. Between 1995 and 2019, the value of exports of goods went up more than 19 times, that of imports – 16 times, whereas fixed capital formation rose 3 times faster than in the EU-15.
Piotr Arak, “The Brussels Times”: Whereas COVID19 occupies our minds today, it does not make other national security threats less important in the long run. Besides climate change, a vital threat to the American way of life is the rising power of China.
Poland has only just begun to build a hydrogen economy. According to research conducted by the Polish Economic Institute, 67 per cent of industry experts consider the current legislation to be a barrier to its development.