Self-declared unorthodox politician, Hungarian Prime Minister Viktor Orbán recently went to Kazakhstan’s Astana, where he declared that he “feels at home” there, “unlike in Brussels.”
It is often speculated that the Russian-speaking population in Estonia, Latvia and Lithuania might become a fifth column that undermines the sovereignty of the Baltic states and pushes them closer to Russia. Is there a reason for that? Should we fully trust the Baltic states?
Over the recent years, Lithuania has managed to place itself amongst the top destinations for international businesses. There is no secret behind our latest successes. It’s rather a combination of factors that have contributed to making Lithuania an attractive place to run a business.
Over the past several years, Serbian economy has experienced growth due to strong foreign investment and continuous improvement of its business environment. And the improvement of Serbia’s overall business climate was certainly not left unnoticed and unappreciated by the investors.
Last weekend was abundant in domestic political calls for the Czech Republic to join the eurozone. At its two-day conference, the Social Democratic Party (CSSD) of Prime Minister Bohuslav Sobotka approved of the memorandum saying that the Czech Republic should adopt the euro around 2020.
In the World Bank’s Doing Business 2015 report, Croatia ranked 65th, much higher than neighbouring Serbia and Bosnia Herzegovina, but what really stands out is the enormous progress the country has made over the last years. The 2015 position actually means a leap up by 23 places within two years and by 53 places within just a decade.
Development of nuclear energy in many countries has overcome the temporary slowdown following the Fukushima accident that was caused by the largest seismic and tsunami events in Japanese history. China, India, Korea, and Russia now have intensive nuclear power programmes, in the USA four new nuclear units are being built, and in Japan restarts of nuclear power plants are under way.
While the recent European Economic Forecast of Winter 2015 talks of an average growth of 0.8 per cent in the Eurozone and 1.3 per cent across the European Union in 2014, the Montenegrin economy will grow by 2 per cent.
But the growth rate is not the most important factor when it comes to investing or doing business in a country. More crucial are the business climate, competitiveness, and other indicators.
2014 marked the tenth anniversary of EU enlargement. In many memorial speeches the narrative of putting an end to the East-West divide was framed as a fairy tale with a happy ending: a stronger, richer, and safer Europe.
The Albanian Prime Minister recently blamed the energy crisis in the country on the Democratic Party, which had been in power until September 2013, and said the current situation resulted from “their ignorance.” However, despite the fact that Mr. Edi Rama’s Cabinet has sufficient evidence to implicate these former officials, no measures have been taken to confirm their criminal activities. Does the Prime Minister follow a path similar to that of his former colleagues in power?
During the civil war that followed Moldova’s independence 22 years ago, the central government in Chișinău launched an offensive to regain the territory held by the pro-Russian separatists. Without formally declaring war, however, Russia came out on top in this small conflict. Suddenly, entire Russian army battalions armed with tanks and heavy artillery stepped out as “volunteers” to fight against Moldova.
The nickname of Poland as a “Green Island” was coined by the government in 2009. The big map behind Prime Minister Tusk showed all Europe in red, with the GDP falling everywhere. With one exception: Poland was marked green, with the GDP growing despite the pan-European recession.