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  • Changenligne
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  • Gaël Saillen
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Soros/Russia Russian bear hug

27 avril 2006, 0h00
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Is questioning whether Western Europe should open its energy markets to Russia condemnable protectionism? Or it is just a sensible way of protecting oneself from a mighty and not necessarily friendly beast? Tony Blair appears to think the former. George Soros thinks the latter. In this battle of ideas, the hedge fund billionaire is probably right. Protectionism is a foolish policy. It interferes with the operation of free markets and the creation of wealth. That’s why the Spanish shouldn’t sto...
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