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Eastern members risk falling behind rest of EU

Location:

EU

Speaking on the occasion, European Commission President Ursula von der Leyen said that, over the past 20 years, the promise of stability and prosperity has been fulfilled…

Turkey-Europe economic and business ties will weaken

Location:

TURKEY

That represented a 1.9-percentage-point (pp) rise in import share and a 0.4-pp fall in export share. Turkey's economic and commercial ties with Europe (EU and non-EU) are strong…

EU growth plan may boost Western Balkan economies

Location:

EU/BALKANS

The EU has put aside EUR6bn (USD6.4bn) to advance the inclusion of Albania, Bosnia-Hercegovina, Kosovo, Montenegro, North Macedonia and Serbia into the single market and to…

Prospects for South-east Asia in 2024

Location:

PROSPECTS 2024

Separately, regional leaders were somewhat reassured by the modest rapprochement between China and the United States -- influential powers in South-east Asia -- on the margins of…

Turkish foreign policy will seek a power balance

Location:

TURKEY

Turkey’s confrontation with the Kurdistan Workers’ Party (PKK) is a key driver of regional and to some extent international policy. Erdogan’s comfortable victory in the May 2023…

Belarusian economy will depend on Russian support

Location:

BELARUS

The economy has been unexpectedly resilient under comprehensive economic sanctions imposed by the West. Russia could only provide limited support as its economy had to adjust to…

High employment and low wages will curb Russian growth

Location:

RUSSIA

In defiance of expectations following the imposition of severe sanctions, the unemployment rate has hovered around 3.2%. Yet rather than a sign of resilience, low unemployment…

South-eastern Europe will focus on cross-border links

Location:

GREECE/BULGARIA/ROMANIA

The EU seeks to improve connectivity among its members and partners in South-eastern Europe, with added impetus since the invasion of Ukraine. Improved cross-border connections…

Russia’s ties with Iran will grow stronger

Location:

RUSSIA

War, sanctions and a mutual desire to overturn US-led regional security orders have pushed Moscow and Tehran closer together. Moscow desires to turn what has historically been a…

Prospects for Eastern EU to end-2023

Location:

PROSPECTS H2 2023

Governments will rely on EU funding to re-energise their countries' economies, compensating for slowing external demand and depressed consumption. The war in Ukraine will…