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Nominants of Syriza haven’t even settled comfortably in their key chairs in the new Greek government yet and new prime minister together with finance minister have already made their first compromise and step back from their pre-electoral promises. They refrained form talking about the debt write-off, started talking about restructurization of debt and went on a European tour to find out from creditors which particular forms of restructurization could be acceptable.

The new left-wing SYRIZA government, which sees public expenditure as a means to counterbalance the lack of competitiveness, is all but a solution to the Greek problem. If anything, the pro-European and cosmopolitan young Greek generation – which is fed up with the “Greek way” of policy-making of the past – can make a difference.

Zoltán Kész’s victory shattered the two third majority of governing party Fidesz in the parliament. Using this supermajority, the government has implemented a new constitution and new laws curtailing the freedom of speech, human rights and the power of the constitutional court since 2010. Hungary has also become fearfully friendly with Russia regardless of the growing tensions between the EU and Putin.

The conference organised by Foundation Institute for Eastern Studies on February 15-17 in Łódź gathered in Poland many distinguished individuals, including politicians, journalists, think tankers and many others, who were seeking the possible ways of helping Ukraine develop in the midst of the on-going conflict with Russia. Liberté! was media partner of the event.

To understand utility of an intermediary we need to understand subjective price theory. A can of cheese does not have a universal value given from the “universe”, but rather N subjective values which vary in time and space. A task of the intermediary is to exchange what we need less for what we need more.

Through economic and financial convergence, European business culture and practice become part of our everyday lives quickly and naturally. If this had not taken place, the corrupt bureaucracy and way of life still prevailing in our vicinity would probably dominate here as well.

Merkel’s criticism of Orbán\'s domestic politics came through clearly via independent media. The visit made it very clear how far Orbán is from the mainstream European opinion on issues of democracy and rule of law.

We should open our minds to the notion of individual responsibility and entrepreneurship. We have to take responsibility and the costs of our mistakes. The recipe for growth is no technocratic engineering. Growth goes through entrepreneurship, mistakes, reactions to mistakes and risk-taking. These elements are critical.

Competitiveness of Europe is lagging, pension systems keep ignoring the demographic trend, relative price of energy for industrial consumers is growing, there are popular jokes about labor markets in France or Italy, starting a business and tax compliance is still extremely demanding tasks in many of the member countries.

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!