Careful with CoCos – Fiat Euro! 21/2014
Europe is experiencing a boom in the contingent convertible bonds, in the Anglo-Saxon world also dubbed CoCos. These are the bonds which, at a certain point, convert to the shares of the debtor.
Politics
EU-election reflection – German perspective
Extremely disappointing is the performance of the FDP (3.4%,-7.6), even accounting for their landslide loss in the last years Bundestag election.
European Elections: Another victory for Viktor Orbán in Hungary
The results confirmed the predictions of Fidesz victory, saw a weakening of the still formidable extreme right and led to a restructuring of the Hungarian left. Unfortunately, no liberal MEPs were elected.
European and Presidential Elections Results in Lithuania
Never before have had Lithuanians reelected their President for the second term. And even though, some suspense over the outcome remained until the first polls released their preliminary results, President Dalia Grybauskaite proved that she still has support of the majority of Lithuanians.
European Elections: Low Attendance and Several Surprises in Czech Republic
The EP election 2014 can be characterized mainly by a very low attendance of voters in the Czech Republic. Only 18.2 % of voters threw their ballots into boxes in deserted polling stations, in comparison with the 28.22% attendance of voters in 2009. This aspect has shaped the results very much.
European Elections: High Voter Turnout and High Expectations in Bulgaria
The EP parliamentary elections in Bulgaria took place in the midst of what can only be called a crisis of public representation.
European Elections: Parliamentary Rehearsal in Slovenia
16 political groups ran for the European Parliament. Every step of the campaigns it was clear that these elections are primarily a rehearsal for the forthcoming parliamentary elections this summer.
European Elections: Political Balance in Poland
Civic Platform and Law & Justice confirmed their domination on Polish political scene during European Parliament election on 25th of May. Donald Tusk’s party have received 32,13% and Jaroslaw Kaczynski’s party 31,78% of voters support according to final result of elections.
Hungarian Elections
Hungary’s Prime Minister Victor Orbán won his second consecutive term in a landside election last month. The governing Fidesz party managed to retain its absolute majority as the result of arguable new election laws and a highly inept opposition. Even more disturbingly Hungary’s infamous far-right Jobbik emerged as the second biggest party in the country.
How Anti-Capitalist is the Hungarian Extreme-Right?
Since the transition, a number of national and international contrastive studies have noted a growing anti-capitalist sentiment in the Hungarian society.
