On the Eve of Slovak Parliamentary Elections

With the parliamentary elections approaching, Slovakia is facing an unprecedented situation of uncertainty. The elections are held after four challenging years, marked by the murder of the journalist Ján Kuciak and his fiancée Martina Kušnírová, a number of subsequent anti-government protests, and months of revelations of corruption and malignant practices leading to some of the most senior public officials.

Who Is the Leader in Minimum Wage?

The current Vice-President of the European Commission Mr. Timmermans openly says that a minimum wage of 60% of the median wage should be paid in the European Union. In addition, the European Commission launched consultations with trade unions and employers on EU minimum wage rules in January.

New Book by INESS: Progress without Permission

If you are one of those fascinated by the Internet and its influence on the society, this is the book for you. Progress without Permission is a complete guide to the world where Airbnb rescues the dead capital and it competes with the state in the regulation making process, where Kickstarter replaces the tax collection and helps with financing the public services, and where Bitcoin enables building of a parallel society where there are no “chiefs” and we all have the keys to the kingdom.

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How Much Do Employees Really Cost in Slovakia?

Wage debates are always heated, no matter if it is an employee asking their boss for a rise, or union negotiations. Anyway, in the past year or two, the wage question became one of the leading topics of public debate in Slovakia.

Minimum Wage in Slovakia Going Wild

In Slovakia, the minimum wage has become a political evergreen of every autumn. However, its growth has been rapidly increasing in recent years. Moreover, the former Slovak prime minister has proposed a new law, which will set the minimum wage at 60% of an average wage of the previous year (effectively t+2).

Slovak high school students won in the international finale of the Economics Olympiad

Prague, September 11, 2019

On September 10, 2019 ,the first international finale of the Economics Olympiad took place in the Czech national bank in Prague. Slovakia was excellently represented by five students from whom two reached the first two medal positions. High school students undoubtedly proved that despite reports of low financial literacy of Slovaks, there are many exceptionally talented young economists who will not get lost even in international comparison.

Brexit: Is There a British Strategy?

INESS organized an interesting public lecture during summer season. On August 6, 2019, Dr. Sean Gabb delivered a speech on Brexit and British strategy in Bratislava. Below you can read the outline of the lecture, accompanied by the video.

How Much Does Slovak Family Receive in Benefits?

In Slovakia, non-monetary transfers are often forgotten due to the contributions system – this is set up so that only self-employed know, with exaggeration, how expensive it is. Most employees have no idea that the employer pays an additional 35% to their gross wage. Therefore, they do not realize the value received when the state pays health or pension insurance for them. 


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