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On September 18, the UN Security has unanimously passed a resolution, co-sponsored by 131(!) governments, calling the outbreak of Ebola in Guinea, Liberia and Sierra Leone a “threat to international peace and security” and asking countries world-wide for urgent medical personnel and supplies to contain the outbreak. UN and WHO have waited nine months after […]

Mr. Abbot`s new liberal-conservative government has been elected on the promise to abolish the carbon tax on mining, coal power and air transport companies introduced by his predecessor to contain excessively high Australian green house gas emissions. As of first July 2014 the carbon tax has been formally repealed. The new government claims that electricity […]

For years Bavarian politicians have been pushing for highway user fees for non-German cars. Now they may have come closer their goal. On 7 July, the German transport minister (CSU) has presented his plans, which should be turned into legislation before the beginning of 2016. They foresee the introduction of mandatory vignettes for passenger cars (€10 […]

The new Egyptian President, Fattah el-Sissi, has inherited a country in political, social and economic disarray. Starting with demographic growth of 1.7%, all major data indicate unsustainable trends: a budget deficit of 10% of the GDP, a public debt close to 100% of GDP, a 9% inflation rate and an explosive balance of payment gap. […]

One of the strange phenomena of the European integration process is the slowness with which transnational business has replaced traditional structures. Business, whatever sector, has stayed for a long time where it had been before 1958. While intra-European trade has flourished companies did not feel much need to join hands with neighbouring competitors and prepare […]

Europe is enjoying a level of price stability and low interest rates rarely seen since the end of World War II. Wages, pensions, rents etc. do not require permanent adjustments to rising prices, an advantage we are not fully appreciating. Citizens are no longer deceived by monetary illusions. The Euro has lost very little of […]

After very long, extensive and complicated negotiations the EU has finally signed the association and free trade agreements with three countries south of Russia on June 27th 2014. All the three consider this signature only as a step toward their final goal of joining the European Union. This desire is perfectly logical. Experience tells them […]

Among the four basic freedoms the EU offers its citizens free movement of labour has traditionally lagged behind, due to cultural and linguistic obstacles and, above all a natural of human longing to stay close to their home. The economic crisis with its unprecedented high unemployment rates, especially among young people, and high income differentials […]

With the presentation on June 18th of a comprehensive energy transition programme the French energy minister has started to fulfil promises made during the 2012 Presidential election campaign. The programme is a valuable contribution to the ongoing discussion on European energy and climate policy beyond 2020 and the preparation for the decisive international climate conference […]

After obtaining green light from the Commission and the ECB small Lithuania is almost certain to get confirmation by the EMU finance ministers and join the EMU next January. This has been expected to happen for a long time. Lithuania has carefully prepared for it, especially by early tying its currency to the Euro and […]

After one year of intensive consultations with stakeholders the US Environmental Protection Agency has presented a 645 page (!) proposal containing the rules for C02 emissions that existing power plants will have to respect in the future. When adopted they will lead to a 30% fall of emissions from electricity generation until 2030, compared to 2005. […]

Article 3 of the TEU stipulates that the EU will establish an economic and monetary union with the Euro as its currency. Poland and all other member countries, except UK and Denmark which enjoy a legal derogation, must join the eurozone, when they fulfil the requirements – 2.5 per cent inflation rate, three per cent […]

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