The need for a CMU is clear; capital markets still remain shallow despite the European Union’s founding commitment to the free-flow of capital in the Treaty of Rome. If the green paper’s estimates are correct, 90 million additional euros would be available for business financing in the member-states if capital markets were as deep as the US.
Since the people believe in the static concept of the state, they believe it is a birthright to determine entry into this belief system. They believe the state border is the moral entity of which they are a part, and they judge newcomers accordingly.
One thing Hungarian citizens, businessmen and politicians all agree on, is that rampant corruption is one of the main problems of the country. This situation calls for the increased transparency of government institutions, and for providing easily accessible information regarding the handling of public funds.
During the last fifty years, the United States and the EU countries have developed very high, though different, consumers protection standards. A free trade agreement based on the unification of standards will be unrealistic. Ideas of functional equivalents and/or mutual recognition of national standards is the best recipe.
Whether we like it or not, getting closer to Budapest means not only drifting away from Berlin and Brussels, but also from Washington. The political position of Poland in the world states its power in Europe. But a strong position in Europe shouldn’t be built in a way that the Law and Justice does it. In such way, you can only lose this position.
The European Union has done a fine job creating opportunities for its citizens and their goods and services. However, trade has become more digitalised. The online environment offers more and more opportunities. In most cases, it saves time compared doing it in the real world.
The conclusion for the Hungarian opposition shall therefore be quite obvious: they need to find an answer to the abovementioned economic needs. The refugee crisis may dominate the public discussion for now, but everyday lives of the voters are defined by the worsening economic situation and the fear of wash-out.
The sphere of entitlement and privileges of authorities and the sphere of rights and freedoms of citizens form a relationship which is characterised by inevitable and perpetual tensions. Every political system – may it be liberalism or democracy – works the same way.
With the president who is not willing to perform his duties as the guardian of the Constitution, it seems that it is thanks to the EU membership that there is still a kind of a safety net for Poland. Joining the EU back in 2004 now, in the light of the government that has set out to question the basic principles of European democracy, may prove a real lifesaver.
To better understand the need for a change in policy, this article first provides a brief overview of the current legislation and its implementation in member states and then looks at how current proposals for new minimum rates were formed. Finally, it evaluates whether increasing taxes on alcohol is the best course of action.
