In March 2010, when the Greek debt crisis was heating up, then-ECB president Jean Claude Trichet declared to the EU parliament that the “monetary Union in Europe is far more than a monetary arrangement. It is a union of shared destiny”. Less than two months later the ECB reversed its refusal to monetize debt and openly started buying government bonds in violation of its own charta. Germany also gave up its reservations about bailing out…

The European Central Bank (ECB) published its Convergence Report(2012), in which it evaluates the progress of the members states that have committed themselves to joining the euro by following the convergence criteria, better known as the “Maastricht” criteria. At this point in time, Bulgaria has passed the requirements for deficit, debt, inflation and long-term interest rates, but this does not mean automatically that the road to the euro is open. What is more important, the…

About the Greeks beating German-looking pensioners and Greek members of parliament playing black metal, while Merkel is happy to gamble with their lives. About fiscal pact, which is good in one country and bad in another one, about reducing debt with the help of magic and about American budgetary hockey game, which ended 99:0. After  3 000 years Greeks have improved the art of drama to the level of perfection. After practically nobody happened to agree…

INESS logo

INESS together with Conservative Institute of M.R. Stefanik, European Coalition for Economic Growth Austrian Economics Center, Friedrich August von Hayek Institut in cooperation with Entrepreneurs association of Slovakia, TRIM BROKER, Food Chamber of Slovakia, SPIN Foundation, CEBSI, F. A. Hayek Foundation invite to a conference Free Market Road Show- Europe on the way to slavery?   WHEN: April 27, from 8 a.m. to 2.30 p.m   WHERE: in hotel Crowne Plaza (sála LONDON) Hodžovo nám….

Will a knight from the executive board of ECB buy problematic bonds for his private portfolio as well? Are the „fiscal pact“ and ESM unconstitutional? Do you know that through the European funds you are also contributing for the early retirement of the boss of the company which was bought by Facebook for a billion dollars. It seems that the period of peace brought about by the massive intervention of ECB is coming to an end. The…

Conference The Eurozone in Crisis: Solutions and Future Prospects April 3, 2012 Radisson Blu Hotel Lietuva, Konstitucijos Ave. 20, Vilnius, Lithuania   The Aim of the Conference The aim of the conference was to discuss the fiscal policy of the European Union countries and the future of euro. Target audience The conference was attended by more than 80 participants: experts of economics, taxation, finance, state officials, liberal politicians, businessmen, media and other interested parties. Course…

LFMI logo

Lithuanian Free Market Institute and                   Friedrich Naumann Foundation invite to International conference “The Eurozone in Crisis: Solutions and Future Prospects” WHEN Date: 03-04-2012 09:00 WHERE Place: Radisson Blu Hotel Lietuva, Konstitucijos pr. 20, Vilnius In the conference we will discuss the fiscal policy of the European Union countries and the future of euro. We invite politicians, representatives from business, experts from Lithuania and foreign countries, and the media to participate. Registration is due by…