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The New Normal

Piotr Arak, “Visegrad Insight”: For the European Union to talk about twenty-first-century geopolitics is like for Yo-Yo Ma to perform Rammstein songs – it seems very strange. Like America we probably need to change our approach and play a different tune.

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Polish economy surfs the tide of crisis

Piotr Arak, “The Brussels Times”: New Eurostat data for the second quarter of 2020 shows that Poland is among the top three countries in terms of the mildness of the recession. Polish GDP declined by 7.9%; only Lithuania and Finland (where GDP decreased by 3.7% and 5.2% respectively) performed better.

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Time to Tax

Piotr Arak, “Visegrad Insight”: Taxing may be the most important outcome of the COVID-19 crisis. More protectionism, new value chains, quantitative easing and new taxes through the EU could be the new normal of 2020.

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Covid-19: A Justinian perturbation for the West

Piotr Arak, “Emerging Europe”: The coronavirus has reshaped how we think about the economy and society. The governments of most countries have had to put their economies into hibernation to protect people from a disease: something which we have not encountered before.

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