The Fed, knowing the expectations of the markets, decided last Wednesday 28/7/2021 to maintain unchanged interest rates, while continuing at a steady pace its monetary policy through the purchase of government bonds and securitized mortgage bonds with the always existing monthly rate. The head of the Fed, Jerome Powell, accepted the fact that the American …
Category: PUBLICATIONS
Necessity of the Restructuring of the Tax Systems after the end of the Pandemic
Many economies around the world have struggled to maintain a certain level of tax revenue without reducing any current levels of social well-being. Wages in most of the population, especially for low-skilled workers, were low. But the same thing happened with the drastic reduction of the middle class since the onset of the global financial …
Gardening Leave: Business Assistance in Modern Forms of Employment
Employment law in most EU member-countries adequately addresses the regulation of modern forms of employment, which became even more apparent during the pandemic. One of these provisions of the Employment legislation is the so-called “Gardening Leave”. Gardening leave describes the process when an employee leaving a job – having resigned or otherwise had their employment …
The Prospects for the Recovery of the Eurozone / EU Economy are Difficult
Based on expectations in various key sectors of the EU economy, inflation is expected to increase across the Eurozone as a whole. This is due: 1) At the expected higher energy prices. 2) In the wider increase of all prices of commodities and food, respectively. 3) The rise in prices due to increased levels of …
Upcoming US Inflation Rise Will Reduce Consumer Income
Economists know that after a sharp drop in demand levels that these large amounts of declining demand are only caused by wars or global epidemics, inflation is the indicator size that will rise after the end of the problem due to declining demand. drastically reducing any disposable income of consumers-citizens. This is due to four …
The Economic Conclusions of Tomorrow from the Pandemic of Today
World economic activity has reached its nadir due to the Covid-19 pandemic. Both governments and central banks responded with unprecedented fiscal liquidity measures (the former) and increased expansionary monetary policy combined with near-zero interest rates and mass securities markets (the latter). Combined with the easing measures of commercial banks taken by supervisors, they provided ample …
The Customer in the Business Focus
The successful fulfillment of the main corporate goal, which is the constantly successful distribution of products and services to the company’s customers, is reflected in the enhanced turnover of the company. At the core of this success is the continuous assurance and upgrading of an excellent customer experience. I am referring to the creation of …
The Crypto Assets and their Regulatory Framework
Ludwig Von Mises in its book titled «The Theory of Money and Credit» mention that «the State has not the power of directly making anything into money, into a common medium of exchange. It is only the practice of the individuals who take part in business that can make a commodity into a medium of …
Cybersecurity Tips For Businesses
A big shock to the Boards of Directors and CEOs of many companies is that they view the cybersecurity sector as exclusive to the CIO and the company’s technical department. Many companies have shaped their corporate technology into multiple levels of legacy systems that alone cannot meet the requirements of today and on them are …
Taxation of Non-Produced Wealth
The American tax system, like most western countries’ tax systems, only taxes wealth produced, such as wages and share/bond sales. In this case, however, in wages/salaries and sales of securities, taxation is mainly borne by the labour and the lower (wages/salaries) but also by the middle-income classes of society respectively leaving untouched any wealth that …