The Commission made its choice on essentially technocratic criteria, disregarding political considerations—such as the defence of European sovereignty.
The EU “needs to attract new low and medium skilled third-country national workers … who cannot find legal ways to reach Europe,” the statement to the legislation argues for establishing a common, simplified residence permit system.
The best way to understand the thought leadership behind Hungary’s economic success is to examine the 2016 tax reform, which created perhaps the simplest and most ingenious small-business tax in the world.
When a currency depreciates, it can lead to a self-reinforcing outflow of capital—especially when the depreciation is unprecedented. The euro has never been this weak against the dollar.
