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Europe Finance

EU treaty instrument may mitigate risk of money laundering in the single market

The European Commission is planning to use Article 116 of TFEU in order to clamp down on multinational companies using favourable tax schemes in some EU member states to their advantage. The treaty instrument is designed to mitigate the risks associated with foreign subsidies that distort competition in the single market.

Europe Security

Nagorno Karabakh – The Conflict in Perspective

The Nagorno-Karabakh conflict is often wrongfully seen as another post-Soviet frozen conflict in both academia and in policy-making circles. Although the conflict is indeed a product of specific preconditions and deliberate Soviet policies, it differs from other protracted ethno-political conflicts like in Georgia or Moldova. Gaining a deeper understanding of how this conflict came about, and its underlying causes, is essential for understanding the current episode of fighting between Armenia and Azerbaijan. 

Covid-19 Europe

Sweden Might Avoid a Second Wave, But at What Cost?

Sweden has taken a notably lax approach to dealing with Coronavirus, avoiding lockdowns and trying to act as if all were normal. However, this apparent indifference to the worldwide pandemic has born costs to Sweden’s international reputation, and the economic benefits appear somewhat smaller than hoped.

Debate Corner Europe Security

Cuts in the European Defence Fund’s budget: at what cost?

The European Defence Fund (EDF) was originally intended as a key measure for achieving European strategic autonomy. Its downsizing is putting future EU military and industrial capabilities into question, while highlighting the permanent lack of defence cooperation between EU member states.

International Politics

The Future of the Transatlantic Alliance

The Transatlantic Alliance has been the cornerstone of the post-WW2 world order. However, this historic, long-established friendship between the world’s two largest economies has become strained in recent years and is currently at a crossroads. Pulling the blocs apart is resentment over uneven military spending between the US and Europe has been emphatically echoed in Washington by both the Right and the Left. However, further trade wars are not in the Alliance’s interests, tempering isolationist concerns.

Europe Technology and infrastructure

HS2: Steadfast Progress or Slam the Brakes?

February 1, 2020: Britain’s Prime Minister Boris Johnson announces that a high-speed rail link through the centre of England will be built, admitting it was a ‘controversial and difficult decision’. Behind schedule and over budget, the return on investment from this planned rail network is increasingly in doubt under the UK’s current economic conditions.

Europe Insights

Belarusian Protests: Russia’s Reluctance

Russia seems unlikely to intervene in anti-Lukashenko protests in Belarus, despite what most Western and Russian news sources report. Instead, they reluctantly stand on the sidelines, unwilling to oust the President, but unwilling to support him either.

Economics Europe

Serbia: Robust Q1 Performance Unlikely to Continue

The Serbian economy performed well during the first quarter of 2020. Structural factors, such as a smaller dependence on tourism, as well as effective fiscal and monetary responses, have significantly alleviated contractionary pressures. However, guiding the economy throughout the rest of the year will be a more laborious endeavour. 

Asia Pacific Europe

EU – Vietnam Free Trade Agreement: Vietnam’s Competitive Gains

Given the recent slowdown in trade growth in major economies, Vietnam remains an outlier. The country’s import-export turnover crossed USD 500 billion in 2019.

Europe Politics

Rise of Sinn Fein: Prospect of a United Ireland

The surprisingly strong showing of Sinn Fein, the left-leaning Irish republican party is yet another profound political development for the British Isles in the period since Brexit.