Tag: austerity

Brace for Austerity, Part II

Structural spending reform replaces today’s welfare state with basic but dignified benefits to those who by no fault of their own are unemployed.

Brace for Austerity, Part I

Reckless government spending is going to provoke more fiscal austerity in Europe. There is no right way to do austerity. Here is why.

Fiscal Forecast: Should Hungary Join the Euro?

Judging from the comments by central bank president György Matolcsy, Hungary could join the euro in 2030 or soon thereafter. Would such a membership be good for Hungary?