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Comments written by Prince Michael of Liechtenstein himself provide an informed viewpoint on crucial geopolitical issues. Sometimes challenging and always thought-provoking, these brief commentaries take a stance that stimulate debate.

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It pays to be principled

CDU candidate Armin Laschet celebrates winning regional election

The CDU swept three regional elections in Germany because local candidates got back in touch with traditional Christian values. That augurs well for the September general elections, provided Chancellor Angela Merkel doesn't ignore the message.

Prince Michael of Liechtenstein

Prince Michael of Liechtenstein

ECONOMY

All eyes on France, but local German elections were also crucial for the EU

Leader of Germany’s Free Democratic Party, Wolfgang Kubicki

Emmanuel Macron’s proposals to centralize debt and financial functions in the European Union could, if implemented, put the bloc on a slow path toward disintegration. However, election results in Schleswig-Holstein have confirmed that fiscally sound policies have solid support in Germany. If the CDU and FDP can again form a coalition after the country’s September elections, Berlin will be in a strong position to continue to resist moves toward centralization. That will be good news for the EU.

Prince Michael of Liechtenstein

Prince Michael of Liechtenstein

ECONOMY

North Korea crisis needs low-profile mediation

Pope Francis

Though unlikely, a conflict between the United States and North Korea would be disastrous. Some sort of talks to defuse the current crisis are therefore necessary. However, high-profile talks never work, as all sides feel compelled to make a show of strength and take tough stances. Unofficial, low-profile negotiations would work better – and the Vatican could gain the trust of both sides to facilitate such talks.

Prince Michael of Liechtenstein

Prince Michael of Liechtenstein

ECONOMY

The Kim Conundrum

Kim John-un waves to a military parade in Pyongyang in April 2017

Kim Jong-un's recent provocations directed at the new U.S. administration seem to be the work of a dangerously unbalanced madman. But once the geopolitical context is considered, baiting Washington – and Beijing, for that matter – turns out to be canny survival strategy for North Korea's dictator.

Prince Michael of Liechtenstein

Prince Michael of Liechtenstein

ECONOMY

Turkey’s fate

The leader of Turkey at a press conference

Early returns suggest that Turkey’s President Recep Tayyip Erdogan has prevailed in the referendum on giving him sweeping new powers, even if this mandate may not be a strong one at this point. The European Union should tread carefully: rather than try to marginalize the leader of Turkey, it should find ways to cooperate with a critically needed ally for Europe and NATO.

Prince Michael of Liechtenstein

Prince Michael of Liechtenstein

ECONOMY

The Trump administration’s good week

Judge Neil Gorsuch testifies before the United States Senate Judiciary Committee

Though President Trump was back in the headlines last week, for once, the media gave his moves some positive coverage. And for good reason: the U.S. strike against a Syrian air base, the appointment of Judge Gorsuch to the Supreme Court and new economic policy moves all bode well for the administration.

Prince Michael of Liechtenstein

Prince Michael of Liechtenstein

ECONOMY

A Europe of regions will be essential for the union’s future

A map showing the European Union with Poland, the Czech Republic, Slovakia, Hungary and Austria marked

At this historic juncture, leaders of the European Union should awaken to the fact that Europe’s strength has always been its common cultural heritage and its diversity. The way out of the EU’s current bind is through expanding regional cooperation and replacing centralistic, market-strangling regulations with robust, friendly competition.

Prince Michael of Liechtenstein

Prince Michael of Liechtenstein

ECONOMY

When emotions and perceptions outweigh facts

The new U.S. secretary of state during a routine summit meeting

Emotionally charged pseudo-problems and theatrical political “summits” tend to distract the public from important issues. As a result, many of the world’s challenges become worse while leaders leave them unattended

Prince Michael of Liechtenstein

Prince Michael of Liechtenstein

ECONOMY

New kingmakers: Putin or Erdogan?

The president of Turkey and his wife campaigning

Evidence that Russia tried to manipulate the outcome of the United States presidential elections is flimsy. It is increasingly clear, though, that EU leaders themselves are manipulating their electorates with gross anti-Turkey populism as they try to cling to power.

Prince Michael of Liechtenstein

Prince Michael of Liechtenstein

ECONOMY

‘Multi-speed’ Europe, a misleading term

Italian Prime Minister Paolo Gentiloni, German Chancellor Angela Merkel, French President Francois Hollande and Spanish Prime Minister Mariano Rajoy admire the artwork in Versailles on March 6, 2017 during a summit to prepare for the EU meeting in Ro

European Commission President Jean-Claude Juncker has prepared a white paper that sets out five scenarios for the future of the EU. While we can cheer this open-minded approach and the idea that there are alternatives to the “ever-closer Union,” the EU establishment seems to be building support for the “multi-speed Europe” option. With such a solution, countries that do not want to be left behind would effectively be forced to toe Brussels’ line, especially when it comes to burdensome regulations.

Prince Michael of Liechtenstein

Prince Michael of Liechtenstein

ECONOMY

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