Worldwide, people continue to strive for freedom. But the value system of liberal democracies and free markets is facing increasing pressure to legitimise itself.
Greeks are preparing a new emission of their bonds. Although only three years but they should bring 2.5-3 billion euro to the country.
Europe is experiencing a boom in the contingent convertible bonds, in the Anglo-Saxon world also dubbed CoCos. These are the bonds which, at a certain point, convert to the shares of the debtor.
FDP leader Christian Lindner expressed a strong need for more responsibility in fiscal policy and a legally anchored ban on the bank bailout. He criticized the state bank bailout as a perversion of the market economy.
The Austrian Economics Center (AEC), in cooperation with Civil Development Forum (FOR) and Warsaw School of Economics (SGH) held the 2nd edition of Free Market Road Show® in Warsaw on April 28, 2014.
Republikon Institute used data available from Eurobarometer to construct three categories among voting-age population in Europe: eurosceptics, who are dissatisfied with Europe; “soft eurooptimists”, who, in general, are comfortable with the depth of European integration, and “federalists”, who would give more power to Brussels. The Institute then looked at the ratio of these categories in different countries – with a special focus on Central Eastern Europe.
30 cities, hundreds of speakers, thousands of participants – one common denominator: Freedom! The Free Market Road Show is one of the biggest events at which topics of free market and current European challenges are being discussed.
Besides the problems Europe is facing when it comes to competitiveness and the welfare state, the most critical and dangerous one is that of cohesion, including social cohesion.
However, the only indisputable thing should be the fact that Europe constitutes a specific axiological community – a community based on the same fundamental values, principles, cultural patterns and experiences.
Two years ago, here in Wrocław [at Wrocław Global Forum], you called United States and Europe “G2 of the world” and today you referred to them as “catamaran on stormy waters”, so I was wondering if you think that we can observe serious, permanent shift of power in contemporary world or just this storm that is going to pass? Well, I hope it’s a storm that is going to pass and I hope that we…