Is Default of Slovakia Realistic?

The current social package worth more than a billion euro has definitively confirmed that Slovak government is going kamikaze in the area of public finances. After all, the money is “lying on the pavement” (even though we already have the highest corporate tax rate in all of Eastern Europe), so what’s the problem? Even before the package, Slovakia already had the worst long-term sustainability of public finances in the EU.

Zlatý klinec Nadácia Orange Templeton Freedom Award Dorian & Antony Fisher Venture Grants Golden Umbrella Think Tanks Awards