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That brings me to my main point; the biggest threat to Europe is economic populism. The European debt crisis has proved what should have been clear much earlier.

In all the established democratic Western societies, the very popular and charismatic pontificate of Pope John Paul II did not interrupt, or even slow down, the pace of the secularisation process.

The foreign press wrongly describes this party is far right. In reality it is extreme populist, nationalist in Nazi sense, uses NSDAP-like regalia, advocates nationalization of industries and land, expel of foreign investors, sterilizing gypsies and restricting the rights of Muslims, central planning of exchange and interest rates, prices and wages, getting the country out of NATO and the EU.

In line with Laffer’s curve[1], the low flat income tax has led to a steady growth in revenues from income tax, because people responded to the reduced incentives for concealing income.

With this in mind, we wish the protesters in Ukraine well and hope that their situation, where the confrontation with the state is direct, visible and imminent, also clarifies it to the rest of the world that the struggle is always there.

Europe is standing at an essential crossroads. The key challenge here is stopping the decline of international competitiveness.

So, whose interests does this referendum protect? The interests of those who want to sell their land because they need money? Or the interests of those who can afford to buy more land?

Contrary to all expectations, both parties (combined) lost the then predicted decisive share of the electorate and, therefore, they are unable to piece together a thoroughly leftist government - the first one which would rely on Communists since the Velvet Revolution.

Extraneous people (politicians, bureaucrats) decide about extraneous money (taxes) which is, as Milton Friedman concluded from his decision-making matrix, the most inefficient situation we can imagine.

We cannot agree to a situation when in the 21st century an autocrat - possessed by the nostalgia for the Soviet empire - leads the EU by the nose and deprives Ukrainian people of the longed for perspective of living in freedom and democracy.