Our experts and the crisis

Danish Prime Minister Anders Fogh Rasmussen announced that his country would hold a referendum about adopting the euro sometime this year. Although most Danes are currently in favour of the euro, the prime minister wants to secure support from all the major political parties before the referendum takes place.

While Denmark's reaction to the economic crisis is to move closer to the EU, in the Czech Republic, some ODS senators on Thursday revived the brilliant idea to not accept the Lisbon Treaty.

The Czech crown has begun a sharp decline, but our experts are happy even about this. Surely all entrepreneurs and investors will immediately notice, it will revive our exports, and, what's more, the weak crown will save us from the threat of deflation. Well, everyone is the master of his own fate.

The International Monetary Fund (IMF) forecast that Germany next year would experience a 2.5% economic decline and stagnation in 2010, in other words, zero growth. Most of our experts consider the crisis measures to stimulate the German economy to be a horrible waste of money, while the IMF considers it insufficient. The German government stimuli, that is, measures besides the automatic stabilisers (increased spending, automatically set by laws when the unemployment rate begins to rise), make up 1.2% of the GDP. According to the IMF, it should be 2% of the GDP. We will see what those „IMF lefties“ (as our…