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These days, it is easy to forget that European integration is a huge success. The founders were right
that the free movement of goods and people would bind the continent together and
promote peace. But national governments and centralizing democrats have spoiled
a good idea through their own timidity and ambition. If the European Union is
to play a global role, it must return to its roots.
Prince Michael of Liechtenstein
European Union wants to create new, complicated systems to tax technology
companies. Doing so will only harm its economy. Instead of engaging in an
economic tit-for-tat with the United States, it should look at how Americans
have fostered innovation and built tech giants. Good places to start include
increasing investment in defense, reducing restrictive regulations and becoming
General Stanislaw Koziej
Teresa Nogueira Pinto
Dr. Michael Wohlgemuth
Dr. Michael Leigh
Professor Dr. Blerim Reka
The European Union spends some 2 billion euro each year on its more than 40 quasi-autonomous nongovernmental organizations, or “quangos.” They are spread out across the continent and have overlapping responsibilities.
aftermath of the 9/11 terrorist attacks and the 2008 financial crisis have led
to calls for a dramatic increase in the powers of government. Even the ubiquity
of internet-based technologies and the populist backlash against political
establishments have had the paradoxical effect of promoting centralization. Yet
in both politics and economics, there is plenty of evidence that state
paternalism is the wrong answer.
As arguments swirl over the Nord Stream-2 gas pipeline, one thing is taken for granted – Gazprom can sell gas cheaper than rival suppliers. But reserves of low-cost gas from Russia’s West Siberian fields are dwindling, while output from the new Yamal fields must be heavily subsidized to offset high production and transport costs. The European Union could be entering an era when U.S. LNG is fully cost competitive or even cheaper than Russian gas, if it doesn’t let Russia distort the market.
Dr. Frank Umbach