Genscher’s work is determined by its liberal, value-oriented attitude, which runs like a thread through his time in office: freedom, security and democratic self-determination were the values in which he engaged as a liberal politician and with which he identified himself as a human being.
The Council of the European Central Bank (ECB) meets on the upcoming Thursday. Despite explicit criticism especially from Germany, no one should expect higher interest rates in the medium term.
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 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.
Luckily, the world community in Paris was not as unrealistic as the German Federal Government. The climate treaty expressly allows for the equalization and reduction of greenhouse gas emissions. Now it’s up to politicians to align national and international ambitions with the realism of social development and actual climate dynamics.
In the last five years, Piraeus Bank has lost 97% of its value and Eurobank (indeed, an apt name) an astounding 99.8% of the value. Their market value is currently five times lower that the market value of the Uber company. However, the Stock Exchange has not reached the historic low of the year 2012.
Earlier this week, the world witnessed two deals sealed by international powers: on Greece’s future in the European Union and on Iran’s future in the world. Both deals will have their political and social costs and profits, winners and losers.
Much has been written on the reasons for the rise and fall or right-wing populist parties in Western Europe, as the French Front National (FN) or the United Kingdom Independence Party (UKIP). However, most of these commentaries are not based on empirical research. The presented overview highlights the seven factors which comparative research defines as decisive for the electoral fortunes of right-wing populist parties in Western Europe.
Walter Krämer, a professor of statistics, found out that the OECD had produced the statistical nonsense of the month: According to a recent study published in May 2015 the topmost 10% of all German employees earn 6.6 times more than the undermost 10%.
The activating labour market reforms of the German government at the beginning of the 21st century (Agenda 2010) were considered to be successful in reducing unemployment, especially long-term unemployment. But the majority of the media and also the majority of the German population consider this reform as socially unfair. While long-term unemployment fell from 1.7 to now under one million, people still believe, Hartz IV made Germany poorer. A new empirical study tells a different…