Oct. 26, 2014 Parliamentary Election
OP-ED
Anatole Kaletsky: Europe’s economic and political future will be determined in the next few days
A worker examines ballot papers for parliamentary elections as they are being printed in Kyiv on Oct. 17, 2014.
Europe is at a make or break moment. Two very different events on Oct. 26, occurring at opposite ends of Europe, will largely determine the entire continent's direction for years ahead: the parliamentary election in Ukraine and the bank "stress tests" and Asset Quality Review conducted by the European Central Bank. Before explaining the significance of these two events, and their unexpected linkage, I need to mention a third announcement, due Oct. 29: the European Commission's verdict on the budget for 2015 submitted last week by the French government.
