What does “liberal” mean in your country?

Here in Germany we use "liberal" in the economical sense, so the FDP is liberal because it's for a free market and against social measures. But when Americans say "liberal", they mean left-wing (and of course it can also be used as the opposite of "authoritarian"). Since especially in the EU we should have a common idea of what the words we use to talk about politics mean, I was wondering how this word is used in other European countries.