Europe

The European Stability Mechanism (ESM) is an intergovernmental organization founded in 2012 by the euro area member states. Its primary objective consists in ensuring long-term financial stability in the euro…

Cars and trucks are polluting, dangerous, generate congestion and consume a lot of energy. Trains are clean, safe and energy efficient. A single convoy can replace up to 500 cars…

The world is warming up and now “boiling”, according to the new definition by UN Secretary-General António Guterres. Yet, instead of tackling the “climate crisis”, governments are subsidising fossil fuels.…

Is a return to sound public finances possible, and is it probable? This topic will be discussed in another interesting talk at the Anglo-American University in Prague. Jan Schnellenbach as…

Silicon Valley Bank (SVB) has gone from hero-to-zero in 48 hours. From established bankers to start-ups in the tech, fintech, and biotech industries and to Napa Valley’s premium wineries on…

Introduction – Bulgaria’s recent announcement On 17 February, Bulgarian finance minister Rositza Velkova announced that, rather than continue as planned with the full, formal adoption of the euro on 1…

Background Since December 2020, Azerbaijan exports natural gas to Europe via three interconnected pipelines – the South Caucasus (Baku-Tbilisi-Erzurum or BTE, operating since 2006), the Trans-Anatolian (TANAP, Erzurum-Eskişehir, inaugurated in…

This time is not about the size, shape and texture of peas or plums. It’s about one of the main economic sector in the EU: about 13 million Europeans work…

While brilliant and timely political and economic reforms characterized the Baltic states, in the early 1990s, Georgia remained under the direct political and economic influence of Russia until recently. Georgia…

Italy’s general elections took place on September the 25th. As expected, the centre-right coalition got the majority in both Houses and its leader, Giorgia Meloni, who is also the leader…