For the past six months, the US Fed has been fighting inflation by jacking up interest rates and tightening money supply to fight inflation. This author, and others, predicted that “something will break”. Something did break: SVB
Russia and China will struggle for common policy on possible Russian soft underbelly Central Asia, Afghanistan, Mongolia, the vital Europe/Asia Caucasus crossroads, the Baltics, CEE and SEE.
The decision, together with a similar move made by Slovakia on March 17, marks a stepping up of military aid to Ukraine with a new grade of weaponry, the offering of which has so far remained controversial.
Czech authorities and VW's Skoda Auto insist the carmaker’s plans for a massive electric battery plant in Central Europe are merely postponed, and that VW is awaiting a EU decision on a new EU incentive framework.
Women are underrepresented in the growing ICT and green energy sectors.
Move will worsen the divisions on the centre-right of the Slovak political spectrum, where five significant parties are now competing for support.
Looking forward to the end of the war, whenever it happens, policymakers are already speculating on how many of the refugees and migrants are likely to stay and how many will return.
One year since the Ukraine conflict began, the share of stable sovereign outlooks in Emerging Europe is at its lowest since late 2003.
Former premier Robert Fico back in front for first time since he resigned amid mass protests following the killing of investigative journalist Jan Kuciak.
After the twin price cap sanctions were imposed on Russian oil exports, Ukraine’s supporters cheered as the price of the key Urals blend collapsed. The trouble is, Russian refineries in Europe make the price of Urals increasingly irrelevant.
How many ships are in Russia’s “ghost fleet” of tankers? No one has a clear idea: estimates run from 100 to 600 tankers depending on what you include in the fleet.
The growth of wind and solar power has helped to cut natural gas costs by €12bn ($12.7bn) in the EU since Russia invaded Ukraine just over a year ago.
Germany's Deputy Chancellor, Robert Habeck, announced that Berlin will crack down on EU companies that dodge Western sanctions on Russia, as governments become increasingly alarmed at the scale of the sanctions leakage, the Financial Times reported.
The euro sovereign and supranational, sub-sovereign and agency (SSA) green bond market is maturing after a turbulent 2022. Supply levels have stabilised and there are signs that it is finally matching demand.
The front-month contract at Europe’s premier TTF gas hub dipped below €50 per MWh ($567 per 1,000 cubic metres) on February 21 for the first time this year, amid easing fears of shortages, warm weather, ample LNG and lower industrial demand.
Gas reserves in Europe's underground storage facilities (UGS) have dropped to 69bn cubic metres and are 63.7% full as of February 22, Gas Infrastructure Europe (GIE) reports.
Russia’s invasion of Ukraine and related sanctions have distorted trade routes across the Eurasian continent.
The EBRD lowered its forecasts for more than half its 36 countries of operation, anticipating average growth of just 2.1% this year.
Central and Eastern Europe has experienced a sharp downturn in GDP in the fourth quarter of 2022 figures, but while the worst of the economic decline has passed, the region is likely to stagnate this year.
Multinationals typically try to find loopholes in employee rights for their operations in Eastern Europe, preventing wages converging with Western European levels.