picture: Masahiro Ihara

During the recent years the EU has been trying, via regulations of the EU Commission, to prevent people from consuming harmful food. The EU Commission thus produces legislation regulating food market and many of them, such as extensive law regulating gummy bears or the legislation stating “proper” shape of cucumber are nowadays taken by citizens more as jokes, though some of them still exist. While regulating, it imposes huge costs on firms, although those who…

bankrun

About the Greeks beating German-looking pensioners and Greek members of parliament playing black metal, while Merkel is happy to gamble with their lives. About fiscal pact, which is good in one country and bad in another one, about reducing debt with the help of magic and about American budgetary hockey game, which ended 99:0. After  3 000 years Greeks have improved the art of drama to the level of perfection. After practically nobody happened to agree…

photo: Sebastien Bertrand

The Lithuania Tribune writes that on March 29 president Dalia Grybauskaitė met with Johaness Hahn, EU Commissioner for Regional Policy. The main topics of the meeting included EU financial framework for the period 2014-2020 and the EU Cohesion Policy. Dalia Grybauskaitė expressed Lithuanian dissatisfaction with the proposal concerning rules of EU aid’s distribution. Lithuania puts emphasis on the importance of the interests and member states’ level of development. More information here.  

FE10_1

This week about how FED doesn’t want to leave alone the “Print” button and what you can go to jail in Argentina for. In Europe, we will have a look at the biggest default in the history, hope that German Luftwaffe won’t take off, we mention Iron Lady and make fun of the new title Kill Bill Saving EU. Only a few days of falling stock markets after the press conference, when the governor of…