Economy

We must accept the reality – the problems of certain EU states stemmed from bad national policies, which need to be revised. And they can be fixed only through the mobilisation of appropriate groups within each society.

European politicians try to sell their ambitious climate goals and the proposed regulations to their citizens as a nice fairy tale: Policy driven investments in green technologies that cut emissions will not only save the world but also boost the economy, create jobs and strengthen Europe’s competitiveness.

The events after August 1914 made Angell and his theories a laughing stock. The era of liberal free trade had ended with the most deadly war ever. Modern industrialism made war even worse. So was Angell fundamentally wrong?

The shale gas (and oil) revolution is a perfect example how human ingenuity and freedom to act can solve any problem.

At the beginning the TTIP was received positively almost everywhere, but now many issues have stirred up the negative attitudes that result in attempts to make the TTIP seem unaccountable and undemocratic. Recently, the question \"Is the European Commission doing its best to keep the greatest possible transparency?\" has been gaining ground.

A review of empirical studies on the effects of MIFs capping in the US, Spain and Australia reveals that such an administrative ceiling on fees generates a transfer of costs from merchants to cardholders.

With Germany at long last imposing a nation-wide wage floor, the country’s slowly conforming to the rest of Europe. Come the crisis and the erstwhile ‘Sick Man of Europe’ became the continent’s economic valedictorian. Extremely low (for European standards) unemployment rate cemented the make-believe caprice that it would work.

On the day after the internet tax protests it is hard to tell whether they mean real burning point for Fidesz government or Hungarian politics in general.

With a new scandal involving extensive corruption the country is alienating the countries of the West and as much as Prime Minister Orbán wants to follow Putin’s footsteps, the question is whether there would be any country left which would take Hungary seriously?

Estonia is about to undergo a work capacity reform which will establish a new system to support capacity for work. The aim of the changes is to shift the attitude towards people with reduced work capacity and help them find and keep jobs.