Being a member of the European club is sufficient for common citizen. European institutions and their processes are largely unknown to the voters and they feel no urge to show any opinion, when even the parties are largely ambivalent towards European issues.
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.
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.
The EP parliamentary elections in Bulgaria took place in the midst of what can only be called a crisis of public representation.
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.
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.
European Commission wants to tackle down on in-app purchases of add-ons for free tablet and mobile games. Commissioner Neven Mimica said, that “consumers, and in particular children, need better protection against unexpected costs”. He’s absolutely right.
Europe is currently threatened the two extremes: the first is the rise “Eurosceptics” who want the dissolution of the EU, and the second in form of “Eurocrats” increasing their efforts to manage everything from Brussels.
If we take a look back at how the integration process evolved, the ‘state of tension’ between the community (the EU) and intergovernmental methods has always been present. The establishment of the three Communities in the 1950s was a reflection of how the process relied on the community method: this is how the creation of the Community common market began.
Monsieur Bastiat would be surprised how close to reality is his well-known essay “Petition of the Manufacturers of Candles…” In this paper manufacturers of candles and everything connected with lighting have complained, via a petition, of the intolerable and predatory competition of the Sun. In which they claim to inundate the national market with the light at an unbelievable low price and from their point of view this ruins a whole industry. They require the Members…
