Bloomberg Long at the mercy of geopolitical forces, Hungary under Viktor Orban is looking to carve out its own sphere of influence. His power at home is secure after three consecutive landslide election wins and a growing group of like-minded anti-immigrant leaders are at his side in the European Union. So far unfazed by street protests in Budapest, Orban has ...

This week was a vivid demonstration of the inability of conservatives to deliver results after the great populist revolts in 2016 in Britain and America. And it showed that there is a golden opportunity for liberals in both countries to tackle the public concerns that motivated the mistaken decisions to vote for Brexit and President Donald Trump. To put it ...

It took Emmanuel Macron just one speech to ditch his entire strategy for shaking up the euro zone. Upon his election, the French president pledged to respect the monetary union’s budget rules to regain credibility with Germany. Fiscal consolidation and structural reforms weren’t just a way to strengthen the French economy, they were also the key to unlocking significant reforms ...