✕
✕
✕

credit

December 1, 2018
Published by IEM on December 1, 2018
Categories

Credit Day: Improving Appetite for Fiscal Responsibility

13 December marks Credit Day across the European Union. This is the day when, on average, European countries’ central governments exhaust their annual tax revenue and start relying on borrowed money to fulfil their functions – 18 days before the end of the year. According to a study by the Institut Économique Molinari, this is 7 days later than last year, which is a substantial improvement.
Do you like it?
Read more
December 1, 2017
Published by EPICENTER on December 1, 2017
Categories

Credit Day: Debt and Deficit in a Bipolar EU

6 December marks Credit Day across the European Union. This is the day when, on average, European countries’ central administrations will exhaust their annual tax revenue and start living on credit to meet their spending commitments, according to a study by the Institut Economique Molinari.
Do you like it?
Read more
November 1, 2016
Published by EPICENTER on November 1, 2016
Categories

Living on Credit

November 30 marks Credit Day across the European Union. Credit Day is the day when member states’ central administrations exhaust their annual tax revenues and have to begin borrowing in order to meet their spending commitments for the rest of the year.
Do you like it?
Read more
May 1, 2014
Published by EPICENTER on May 1, 2014
Categories

Facts and Analysis: the Small Loans Market and Regulation in Lithuania

The small loans market (quick credit, pay-day loans) often gets a lot of criticism in the media. Its critics state that the market has too little supervision; that the industry does not properly assess the ability of customers to repay their loan; and that interest rates are artificially high.
Do you like it?
Read more