OecoGlobus
A calm before the storm in the dollar-based global financial system?
As we enter the third year of the Russia-Ukraine war and sanctions warfare, the divergence in expert opinion about the future of…
Red giants instead of a comet? The rise of the Chinese electric car industry
The emergence of Chinese electric car brands has taken Western countries by surprise, like the appearance of a comet, even though its…
Do Romanians really earn more?
According to Eurostat’s wage statistics for 2023, Hungarian wage levels in euros were ahead of those in Croatia, Romania and Bulgaria, and…
The EU is in a dangerous trilemma – green transition, re-arming and cutting spending at the same time?
Economics knows several practically unsolvable triple dilemmas, or trilemmas. The common feature of these is that we can only influence two of…
The Hungarian employment rate has increased by nearly 19% since accession to the European Union
On 1 May 2004, ten new member states, including Hungary, joined the European integration. Free movement of labour is one of the…
NATO’s two per cent target: Is Europe’s spending enough in global terms?
NATO’s spending target has been in place for almost 20 years, since 2006, but most member states are still underachieving the 2%…
The main constraints on business in Europe and Hungary
The European Commission’s business questionnaire surveys clearly show that in industry, construction and services, shortages of demand and labour are the main…
All that sunshine and oceans for nothing: Australia in the grip of fossil fuels
Australia has everything it takes to make renewables dominate the energy mix: sunshine, wind, seawater. Yet fossil fuels dominate: 97 per cent…
Beyond the Romanian consumption data: increased public debt and unchanged savings level
During recent weeks, Eurostat published an interesting map showing the volume index of per capita consumption in 2022. These figures have been…
Will Germany be a front-runner or a headless horseman by the end of the traffic light coalition’s green transition?
Never before in the history of reunified Germany have political divisions and social frustration been as strong as they are today. The…