European Union

The most negative impact is definitely going to hit Russian citizens themselves, because prohibiting of food imports dramatically lowers their utility, reduces economic activity, including job creation, and last but not least it cuts disposable income in their wallets.

If you have problem remembering who the leaving president is I will help you. His name is Herman van Rompuy. The most exciting moment of his 5-year presidency was being called a damp rug by Nigel Farage publicly in European parliament.

I want much more freedom for my country than is allowed by continued British membership of the European Union. For that reason, if I were to come to power tomorrow in London, one of my first acts would be to repeal the European Communities Act 1972, and all subsequent amendments.

The free movement of persons, goods, workers and capital within the European Union is one of the fundamental principles of the European Community. However, finding a job in another EU country can be difficult – the lacking recognition of skills and qualifications is one of the possible obstacles.

Brussels occasionally gets sober from the intoxication of spectacular goals and strategies, paid by citizens. But sobering means that the goal is slightly less grandiose but in the end, likely purposeless and economically harmless.

Greeks are preparing a new emission of their bonds. Although only three years but they should bring 2.5-3 billion euro to the country.

The EU is no longer the abstraction it was in the beginning of the crisis. For many Europeans the crisis turned the Euro from a convenience into an issue, the Greek – from exotic and hospitable people into lazy parasites, and the English – from key allies into awkward partners.

Continual restriction of economic and civil liberties may have fatal consequences. Even though we can freely choose to live in an unfree society, we have to be aware of the price we will eventually pay for it.

On June 27, 2014, Petro Poroshenko, newly elected President of Ukraine, will sign the economic part of the Association Agreement with the EU, political part of which was signed in March 2014. Same day Georgia and Moldova will also sign the Association Agreements with the EU.

In March, Russia annexed Crimea, a peninsula with population of 2.4 m in the south of Ukraine, after it failed to divert Ukraine from the course for European integration. The escalation in Donbas could have been a first step of a large scale Russian intervention into the mainland Ukraine.