Europe
EU plans to battle corporate tax avoidance unlikely to succeed
The EU crackdown on tax avoidance is a step in the right direction. But it is unlikely to prove effective and its implementation will be made difficult by the lack
Can Gjergj Bojaxhi change Albanian politics?
On his Facebook page on the 15th of January 2016, former senior member of the centre right Democratic Party Gjergj Bojaxhi, called for a revolution against politics as usual in
Why terrorism is not an effective political strategy
Terrorism often works. Extremist organizations such as al-Qaeda, Hamas, and the Tamil Tigers engage in terrorism because it frequently delivers the desired response. However, with its reliance on basic psychology,
What lies ahead for Iceland in 2016?
Icelanders are wondering what is ahead for their country in 2016. Will Iceland be ready for something new, more of the same, or perhaps a mixture of both? A special
Italy’s risky outlook for 2016
The gap is widening between Rome and Brussels. The reasons are both diverging interests and increasing domestic pressure on the government. But how far will this fight go in 2016?
Refugee crisis holds economic benefits for Turkey
The UN High Commissioner for Refugees defined the Syrian crisis as the “biggest migration flow of history.” As a gateway to Europe, Turkey has been the first country to welcome Syrian
Greece faces new unrest over pension reforms
As part of its third bail-out package in summer 2015, the Greek government agreed to reduce its large – and growing – burden of state pensions. The proposed reforms, however,
Poland challenges EU values, but don’t expect sanctions
The European Union is initiating action against Warsaw’s recent breach of the rule of law. Brussels is unlikely to sanction the Polish government, but this clash reflects growing disparities between
EU poised to adopt world’s most stringent data laws
The General Data Protection Regulation (GDPR) will impose a new legal framework providing citizens of member states with a high level of protection of personal data. Given the requirements to
UK unlikely to change interest rates until Brexit decision
The rate hike cycle that appears to have started in the U.S. is not likely to cross the Atlantic anytime soon. In its first policy meeting of 2016, the Bank
