REVIEW

Energy industry is par excellence a major industry. Few businesses have larger money flows than energy. Thus, it is not unnatural that it draws attention of powerful people, public and politics. In 2000s Europe experienced major policy craze with renewable energy that is still riding the waves of popularity, albeit with first subtle hints of realism.

Recent energy reforms in Hungary made the country dependent upon Russia what in the midst of the current EU-Russia relations strongly affected by the escalating tensions makes the situation of Hungary more difficult.

The energy issue is one of the most important, i.e. most frequently discussed topics in every country in the world. And so it is in the Czech Republic.

The modern debate on inequality is, in practice, a discussion about the morality of capitalism. To simplify this debate by presenting two opposing worlds – a capitalist society where skills and effort lead to inequality, and a socialist society where the state can secure equality – may be a good learning experience, but leaves aside the challenges that we face in the modern world.

While creating the Energy Union, the EU should do its best to employ such mechanisms that would limit the regulatory power over the prices of sources and energy of individual states on the national level as much as possible. Such a solution applied to this specific market would – at least to some extent – secure a proper space for market principles and energy prices reflecting incomes of the citizens of a respective state.

We are delighted to present you the 2nd issue of 4liberty.eu Review devoted to the challenges Europe must face in terms of energy. The magazine is also available online. Read more and find out where you may find it!

Russia sees Azerbaijan as a target of high priority, the subordination of which to Russia would help seal Central Asia off from the West.

Even under enormous pressure from Moscow, Belarus saw the crisis in Ukraine as a way to increase its geopolitical importance, improve its negotiating power in relations with Russia and to change its strained relations with the EU.

The quest of the nowadays leaders of Moldova has started back in 2009, when taking advantage of the huge anti-communist protests, they have gained political power and legitimacy. Since then the alliance’s name and format have changed.

Putin recognized that many European parties are not satisfied with how the EU works, and Russia positioned itself as an alternative choice, towards which discontented countries can run to.