The rich and the powerful, who meet every year at the World Economic Forum (WEF), were in a gloomy mood this time. Not only because the day they met close to eight trillion dollars has been wiped off global equity markets by a "correction". But because no leader could be in a buoyant mood.
Only 50 years of Cold War (and the fact that German Chancellor Angela Merkel grew up in East Germany) can possibly explain the strange political power of the United States over Europe.
Lobbying is an integral part of democracy, but multiple scandals throughout Europe demonstrate that a select number of voices with more money and insider contacts can come to dominate political decision-making – usually for their own benefit.
Lesbian, gay, bisexual and transgender (LGBT) groups in Central and Eastern Europe, which still faced mixed prospects as they fight for rights and acceptance, are now taking some heart from the “failure” of a referendum in Slovakia, a member of the European Union.
It could be a squat house anywhere: music is playing non-stop and there is also a radio station and an art exhibition. However, weapons are also on display among the instruments, and most here wear camouflage uniform.
Thomas Piketty, a French economist who works on wealth and income inequality, has triggered a debate on the distribution of income and wealth in many countries. This is no small issue because views on income inequality and concomitant redistributive preferences are crucial to the design of tax and transfer systems.
Record floods in Central and Eastern Europe have highlighted some of the challenges of climate change for the continent, as well as the floods' potential to spur populist politics.
As the European Union accuses Hungary of shifting towards authoritarianism, a spike in emigration from the country has led many to speak of a politically motivated exodus. Others suggest that economic conditions play a role in the westward flow of brainpower that is leaving Hungary's future uncertain.
"Give gas" was the original name for the Goj motorbikers parade intended for Apr. 21, a day when Hungary’s large Jewish community commemorates the Holocaust in the Peace March.