Acton Institute Powerblog Archives

Post Tagged 'european commission'

The EU’s plan to fight ‘inequality’ is undermined by its own data – and King Solomon

Economic growth is so vibrant in Europe that it is time to begin redistributing all the excess wealth, according to EU officials in Brussels. The European Commission issued its country-specific resolutions on Monday, and it believes the recovery from the Great Recession has been robust enough for EU members to turn their vision toward combating “economic inequality.” “This year, addressing inequality is firmly at the heart of our assessment,” said Marianne Thyssen, the EC’s Commissioner for Employment, Social Affairs, Skills and Labour Mobility. Continue Reading...

The Greek Economy: It’s Just Plain Ugly

Greece has had to deal with a very uncertain economic outlook over the past decade or so, but now it’s getting downright ugly. Greece owes over $1 billion this month in debt repayments, along with pensions, government salaries and other obligations. Continue Reading...

Samuel Gregg: Financial Fiddling while the Euro Burns

On National Review Online, Acton Research Director Samuel Gregg examines the push for a “transaction tax” to solve some of the fiscal problems in the European Union. The move would, Gregg explains, “levy a tax on any transaction on financial instruments (securities, loans, deposits, derivatives, and various asset classes) between banks, hedge funds, insurance businesses, investment companies, and other financial organizations whenever one contracting party is located in the EU.” That may not sound like much, but would apply to literally millions of financial transactions daily. Continue Reading...

The Return of Christian Europe?

Doubtful, at least on these terms. Does the institutional church have to officially advise the government in order to have influence? — European institutions “more open than ever” to church co-operation By Jonathan Luxmoore Warsaw, Poland (ENInews)–A senior ecumenist has welcomed growing co-operation between leaders of European institutions and churches, and predicted a growing advisory role for religious communities. Continue Reading...

Open Source, Closed Markets

John Berthoud of the National Taxpayers Union has a piece in today’s Washington Examiner about the battle between Microsoft and the European Commission. Berthoud writes that it is part of a larger “anti-American” program, and “another example of old-guard European protectionism.” Berthoud writes, “The EC’s actions against Microsoft are not isolated. Continue Reading...