Although many private companies are still reluctant to invest in Belarus, where 80 per cent of all industry remains in state hands, Prime Minister Andrei Kobyakov has reiterated that the government wants to continue supporting entrepreneurship.
Continue reading Belarus Steps Up Liberalisation of Business
All 23 economies of emerging Europe are set to record positive growth in 2018, led by Georgia, whose GDP is seen as growing by more than 4.2 per cent. Even Azerbaijan, whose economy has contracted for the past two years, is seen as returning to modest positive growth in 2018. The regional outlook is stable, but a couple of places, notably Romania, are giving cause for concern.
Continue reading Emerging Europe to Record Positive Growth Across the Board in 2018
The strategic joint military exercise Zapad-2017 took place from September 14-20 at several training grounds in Russia and Belarus. According to official statements, the total number of troops participating in this military drill was 13,000. However, the real figures could well have been significantly higher. The official scenario of Zapad-2017 was very close to that of previous Belarusian-Russian military exercises, which took place in 2011 and 2013. Belarusian and Russian troops were preparing to repel aggressive actions by their western neighbours, aimed at destabilising the situation in Western Belarus.
Continue reading Why Was Zapad-2017 So Important?
Eastern Europe and Central Asia has closed on average 71 per cent of its gender gap, according to the World Economic Forum’s Global Gender Gap Report. Overall, 68 per cent of the global gender gap has been closed, a slight deterioration on 2016 and 2015, when the gap was 68.3 per cent and 68.1 per cent respectively.
Continue reading Emerging Europe Makes Some Progress on Closing Gender Gap
Georgia is the easiest place in emerging Europe to do business, according to the latest edition of the World Bank’s Doing Business report, which compares conditions for doing business in 190 countries across the world. Among the top 20, Georgia, with a ranking of 9th, has implemented the highest number of business regulation reforms since the launch of Doing Business in 2003—a total of 47.
Continue reading Georgia Leads Emerging Europe in Ease of Doing Business Report
The Czech passport is the most powerful of those issued by the 23 countries of emerging Europe. According to the most recent Passport Index, it is ranked eighth globally and allows its holders to travel visa-free to 152 countries around the world. The Hungarian passport is the second most powerful in the region, the only difference to the Czech equivalent being its failure to offer visa-free travel to Lesotho.
Continue reading Czechs Hold Emerging Europe’s Most Powerful Passport
Economic growth in Europe and Central Asia (ECA) will be 2.2 per cent in 2017, the strongest growth in six years, and 0.3 percentage points above May’s expectations. According to the World Bank’s latest Regional Economic Update, Migration and Mobility in Europe and Central Asia, ECA economies are showing more rapid growth than previously expected with a GDP almost twice the average growth in the European Union. Continue reading Despite Public Anxieties, Migration is Playing a Key Role in ECA Growth
The Belarusian authorities are switching from control to prevention. President Alexander Lukashenko signed a decree in October minimising the interference of oversight and auditing agencies in business operations. Continue reading Belarus Introduces New Business-Friendly Auditing Procedures
Earlier this month I had the pleasure of chairing a panel of thought leaders and industry experts at the European Bank for Reconstruction and Development (EBRD) in London. The subject matter was centred on the ICT industry in the Ukraine specifically, and the broader Central and Eastern European (CEE) region in general. Continue reading Is the CEE Region About to Steal the Outsourcing Crown From India?
The European Union continues to support small and medium-sized enterprises (SMEs) in Belarus, and is set to provide 6 million euros in additional funds as part of the EBRD’s Advice for Small Business (ASB) programme. Continue reading More EU Help for Belarus SMEs
Belarus came in a lowly 153rd place (of 180) in Reporters Without Borders 2017 World Press Freedom Index. Other media freedom watchdogs and international organisations have reached similar conclusions: Belarus is ranked amongst the ten least free countries by Freedom House, although – credit where it’s due – it did move up from 194th last year to 192nd this year. Continue reading Belarusian Journalists Still Face Huge Problems
Some eight years since its launch, the EU’s Eastern Partnership (EaP) continues to offer up a mixed bag of results, including both achievements and failures. Continue reading Under Promise, Over Deliver: Prospects for the EU’s Eastern Partnership in 2018