Through economic and financial convergence, European business culture and practice become part of our everyday lives quickly and naturally. If this had not taken place, the corrupt bureaucracy and way of life still prevailing in our vicinity would probably dominate here as well.
Merkel’s criticism of Orbán’s domestic politics came through clearly via independent media. The visit made it very clear how far Orbán is from the mainstream European opinion on issues of democracy and rule of law.
What will happen if there accidentally will be a change of government in Russia under the pressure of economic sanctions? This would be a success for European Union, but at the same time it would not solve the fact that Russian propaganda of nationalism has build anticipation in Russian society that a new leader will have to face, having in mind his own reputation.
2014 was the most difficult year for Ukrainian economy in the 21st century. Ukraine faced economic crisis and military conflict in the East, while Russia annexed Crimea. Real GDP is estimated to decline by near 7% in 2014 due to a drop in domestic demand and weak external demand.
By applying additional economic measures to diplomatic pressure the EU and US expressed disapproval of the Russian violation of fundamental international norms
The 34th edition of the Survey of the Lithuanian Economy provides forecasts of the main economic indicators for 2015 that are based on a poll of market participants.
Russia sees Azerbaijan as a target of high priority, the subordination of which to Russia would help seal Central Asia off from the West.
Fidesz got so detached from reality and from its voters that the government can no longer assess how far it can go. Fidesz’s attempt to tax the Internet was the last straw.
Even under enormous pressure from Moscow, Belarus saw the crisis in Ukraine as a way to increase its geopolitical importance, improve its negotiating power in relations with Russia and to change its strained relations with the EU.