Daily Archives: 18 February, 2015

Romania has been among the countries topping the corruption list for years. The sentences just imposed on two former ministers are part of a string of cases involving high government officials in the past three years. The successful prosecution of high-level corruption cases has been recognized by the European Commission. However, preventing corruption in the country remains a challenge.

Greece’s problem is not a lack of liberalization, deregulation and privatizations but rather the weakness of its public institutions, underpinned by a chronic revenue shortage. In effect, you may liberalize and deregulate as much as you want but this is not going to make things better for Greece. A progressive agenda aiming to cure the Greek malaise would have to address the competitiveness deficit, low productivity, an overextended and inefficient public sector, an unjust tax system and a couple more core challenges…

President Putin’s visit to Budapest on 17 February has raised eyebrows externally and provoked protests within Hungary. Many Hungarians feel that their country is drifting to the East, while its present and future lies with the West. Prime Minister Orban does have some valid points for explaining his association with Mr. Putin. What is more worrisome in the long-run is the authoritarian affinities between the two.

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