The economic situation in Ukraine in 2015 and 2016 will depend on progress in externally supported reform program and on stabilization in the Eastern Ukraine. Fiscal consolidation, decline in real wages and unemployment will cause reduction of real private consumption. Weak hryvnia, despite dragging down consumption and investments, helps to increase fiscal revenues and narrow the current account deficit.
After a long negotiation between milk producers, processors and sellers, the Lithuanian Ministry of Agriculture has proposed a new bill that would severely tighten the regulation of the Lithuanian dairy market. The authors of the bill claim that their intention is to protect Lithuanian producers, bring confidence to the market and boost the consumption of milk products. But is it really so? The proposed privileges for milk producers are nothing else but an iron curtain that will shift the…
“Nations, just like women, experience brief moments of intoxication. But those moments pass soon enough.”. Adam Michnik talks to Leszek Jażdżewski, editor-in-chief of Polish liberal quarterly magazine Liberté!, about how a brief moment of European weakness will affect Russia in the end and what can go wrong in the meantime.
While creating the Energy Union, the EU should do its best to employ such mechanisms that would limit the regulatory power over the prices of sources and energy of individual states on the national level as much as possible. Such a solution applied to this specific market would – at least to some extent – secure a proper space for market principles and energy prices reflecting incomes of the citizens of a respective state.
I don’t believe that we need central banking, monetary policy or our national monetary unit. Without this, we can’t avoid two essential problems – politicization of the monetary politics and also its competitiveness. But by saying this I do not wish to imply that in this particular case of devaluation of the lari the central banking system was the major problem. Quite the opposite.
Ukrainian SMEs are poorly represented in the European market and do not expect any significant benefits from the free trade zone between Ukraine and the EU. At the same time, they are relatively less afraid of the possible negative consequences of trade liberalization with the EU.
Orbán is interested only in cash, not in values. His disregard for values or (to make it sound more proudly) for ethos of Western democracy continues for years and is expressed in many constitutional reforms or a positive evaluation of the model of the political system of modern China. He therefore easily avoids the topic of Ukraine’s right to sovereignty, self-reliance in international politics and territorial integrity.
The conference organised by Foundation Institute for Eastern Studies on February 15-17 in Łódź gathered in Poland many distinguished individuals, including politicians, journalists, think tankers and many others, who were seeking the possible ways of helping Ukraine develop in the midst of the on-going conflict with Russia. Liberté! was media partner of the event.
Through economic and financial convergence, European business culture and practice become part of our everyday lives quickly and naturally. If this had not taken place, the corrupt bureaucracy and way of life still prevailing in our vicinity would probably dominate here as well.
Merkel’s criticism of Orbán’s domestic politics came through clearly via independent media. The visit made it very clear how far Orbán is from the mainstream European opinion on issues of democracy and rule of law.
