Tag "European Union"

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Economics Europe

The Ukraine-Russian trade deal puts Kiev firmly in the hands of Moscow

On December 17, 2013, Russia agreed to give US$15 billion in economic aid to Ukraine and significantly cut the price on natural gas exported to Ukraine. The deal will have

Europe Finance

Slovenia avoids bailout, but long way to recovery remains

The results of the bank stress test released on 12th December have confirmed that the cost of recapitalization for debt-ridden Slovenian banks is higher than originally expected, but the country

Europe Politics

Is the Vilnius Summit an Eastern Partnership pre-mortem?

While news of the Vilnius Summit failure last week was dominated by coverage of the Ukraine’s decision to freeze negotiations with the EU, the Summit has also called into question

Economics Europe

Is Germany’s proposed minimum a Euro-zone win-win?

Germany is about to set a statutory minimum wage as Angela Merkel gave in to the demands of the Social Democrats in an attempt to form a coalition government. Can

International Politics

Ukraine’s EU rejection harmful to business environment

Ukraine’s regrettable choice of rejecting the EU Association Agreement could prove particularly harmful for the country’s business environment and future economic development. Ukraine’s back-pedalling is putting a stop to what

Economics International

WTO gets back to work, providing trade increase of $1 trillion

The World Trade Organization (WTO) has remained more or less docile for the past 20 years until it passed a critical agreement last Saturday. The agreement shows that the WTO

Economics Europe

Ukraine balances energy needs and European aspirations

Events over the past fortnight have demonstrated that Ukraine is still a point of competition for the EU and Russia. Should Ukraine manage to resist Russia’s pressure, its energy policy

Economics Middle East/North Africa

Iran’s oil exports still restricted, but prices may drop

US and EU sanctions on Iranian oil exports will remain intact for the next 6 months, but the psychological impact of the Geneva deal might in fact lower oil prices.

Europe Politics

Anti-corruption protests continue in Bulgaria

For the past six months, tens of thousands of Bulgarians have taken to the streets of Sofia to call for a radical fight against corruption, organised crime and local oligarchy.

Europe Politics

Turkey’s EU membership inches forward

After a three and a half year hiatus, negotiations with Turkey on its accession into the European Union will reopen. Negotiations with Turkey were supposed to occur in June of