Fundalib’s report has been covered in El Mundo. It discusses how the Minister of Finance, has significantly increased tax revenue by refusing to adjust the Personal Income Tax, artificially raising tax brackets, a move criticised by the Minister of Labor. This fiscal pressure has steadily increased over the past decade, reaching 38.4% of GDP in 2021, exceeding the OECD average.

Member think tank KEFIM’s comments about the worrying state of pension capitalisation have been widely covered in Greek press. They find that the loss of income from the lack of a funded pension system in Greece is estimated at €770 per year per capita. If Greece had an equivalent system to the rest of the OECD, its annual return would correspond to a boost of around 3-4% of GDP.

The article discusses budgetary errors in key French sectors like education, police, and healthcare over the past 50 years, challenging the notion of insufficient funding often cited in debates. IEM members Pierre Bentata and Nicolas Marques analyse public spending curves, revealing a different narrative about resource allocation in these domains, suggesting a misalignment between budgetary increases and actual effectiveness.

Cécile Philippe, President of the IEM and columnist for Echos described how after years of decreasing investment, an explosion in energy prices and detrimental tariffs has forced nuclear energy to begin a resurgence. Despite Germany still resisting, nuclear reactors are currently being built in 20 countries.

Fundalib (The Foundation for the Advancement of Freedom) were featured in an El Mundo Financiero article last month covering their new book proposing five proposals to recover economic freedom in Spain. The book discusses essential reforms for the agricultural and energy sectors, lifestyle regulations, taxes and the pension system. They offer holistic approaches and specific policies drawing on lessons learned from other sectors and countries.

The article delves into the shift from regulated to free-market energy supply in Italy, focusing on gas and electricity. It highlights that from January for gas and July for electricity in 2024, the regulated market will only remain applicable to domestic customers deemed ‘vulnerable,’.

The article discusses the significant lag in Greek schools concerning their digital equipment, internet connectivity, and digital culture compared to the European average. The main conclusion of a policy brief by the Center for Liberal Studies (KEFiM) highlights the challenges, including limited Information and Communication Technologies usage and opportunities for educators to develop relevant skills.

The article addresses the problematic drug policy framework in Greece, as indicated by a policy brief from the Center for Liberal Studies (KEFiM). It highlights issues such as the overburdening of the judicial system due to the criminalization of light narcotics and proposes reforms, including a clear definition of such narcotics and legal sales to control supply networks and fund health initiatives.

The study by the Center for Liberal Studies (KEFiM) underscores the potential benefits of decriminalising light narcotics in Greece. The lack of a clear distinction between light and hard drugs burdens the judicial and correctional system, with over one in five detainees in Greece held for drug-related offences, emphasising the need for alternative approaches, from mild criminal penalties to complete decriminalisation.