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Within six months of the announcement of the COVID-19 pandemic, the Central European countries spent nearly 10% of GDP on fiscal support. This decisive response by governments is mitigating the effects of the economic crisis, saving companies and preserving jobs. However, an increase in expenditure with lower budgetary revenues inevitably leads to a deterioration in the...
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Economic crises usually mean a return to state interventionism and a more active role for the state as owner. It is no different today. The COVID-19 pandemic reopens the debate on state-owned enterprises. Due to the history of economic ownership, it has particular resonance in the countries of Central and Eastern Europe. Especially that in the region is increasingly announcing the...
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The COVID-19 pandemic outbreak has become a global stress test. The restrictions of social distancing have led the world to accelerated “lessons” in the areas of communication, digital skills, online activities, information technology for businesses and digital public services. Paradoxically, this could be a turning point in the digital transformation of the Central European...
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