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Europe Natural resources and energy

Is Shale Gas Excitement in Eastern Europe Unwarranted?

Hydraulic fracturing, or fracking, as it is commonly known, is the method of extracting natural gas from shale rock. Despite environmental concerns over the process of pumping water and chemicals

Europe Politics

Ukraine Moves Closer to Europe

In spite of Russian president Vladimir Putin’s warnings to Ukraine that he will take “protective measures” if the country signs a trade pact with the EU, Ukraine seems to be

Europe Politics

Russia’s Snowden Decision Obscures Economic Problems

Russia’s decision to grant temporary asylum to the NSA whistle-blower Edward Snowden did not go over well in Washington. The US response to cancel the bilateral summit in September in

Europe Natural resources and energy

David Cameron’s Energy Strategy Faces Tough Challenges

David Cameron faces tough challenges to his efforts to re-direct the United Kingdom’s energy strategy; whether he succeeds, only time will tell. In early August, UK Energy and Business Minister

Europe Politics

Czech Republic Prime Minister loses confidence vote

Czech Republic Prime Minister Jiří Rusnok lost a parliamentary vote of confidence on August 7 by a count of 100-93 (with seven members absent). This development raises many questions about

Economics Europe

Confidence in EU Increases Amid Economic Crisis

Recent months have seen a significant boost in European business and consumer confidence, according to the latest official statistics published by Eurostat in late July. The data show that the

Europe Finance

Cyprus Bailout Process Moves Forward Despite Risks

Monitors from the International Monetary Fund (IMF), the European Commission and the European Central Bank, collectively called the troika, visited Cyprus from July 17 until July 31 to assess the

Europe Finance

Financial service commission ban limits advisory market

Is commission equal to fraud? In Australia, the Netherlands and UK the answer is yes, and more countries look likely to join their ranks. Inherent to the commission system was

Europe Finance

The Eurozone Isn’t Quite Bailed-out Yet

According to several recent statistics, the Eurozone’s future is looking brighter than it has in a long time. Not only has Eurozone unemployment fallen for the first time in two

Europe Politics

Opposition leader imprisoned in Russia

Alexei Navalny, the most prolific and well-known campaigner against Russian President Vladimir Putin, was arrested in July 2013 on doubtful charges. The anti-corruption activist was prosecuted for a deal he