Search results

Russia will try to soften dismay at ending grain deal

Location:

RUSSIA

Ukraine had been a significant grain exporter, much of it to poor countries, accounting for about 10% of world trade. The invasion stopped that. In July 2022, Turkey and the UN…

Diamond sanctions will have a modest impact on Russia

Location:

RUSSIA

The ban will be extended by the end of the year to include diamonds polished in third countries, lab-grown diamonds, as well as jewellery and watches containing diamonds. The new…

New Czech export strategy will focus on innovation

Location:

EASTERN EUROPE

The policy, aimed at bolstering economic resilience and global competitiveness, and forging new national champions, sets Czechia apart from Hungary, Slovakia and Poland, the rest…

Investment-grade rating will benefit Greece’s economy

Location:

GREECE

This is the first investment-grade (IG) rating given to Athens by one of the ‘big three’ rating agencies since 2010. The upgrade reflects Greece’s strong post-pandemic economic…

EU faces dilemma over wind energy

Location:

EUROPE

The initiative indicates the degree to which the sector has assumed strategic importance in terms of both energy security and the achievement of climate change targets, although…

EU/UK financial trading risks need close monitoring

Location:

EU/UK

Hedge funds are systemically important participants in financial markets and their preference for leverage amplifies their impact, especially when interest rate changes prompt…

Poland, Czechia and Hungary may join euro, but not yet

Location:

EASTERN EUROPE

The Denkov administration that took office in June has set adopting the euro as a top priority, and blames the previous interim government for Bulgaria’s unpreparedness to join…

Criticism will mount ahead of the Emirati-hosted COP28

Location:

UAE

The move is the latest of the UAE’s attempts to portray itself as a supporter of action against climate change ahead of its hosting the COP28 global climate summit. Climate change…

Central Europe is cutting dependence on Russian energy

Location:

EASTERN EUROPE

The four Visegrad (V4) countries -- Hungary, Czechia, Slovakia and Poland -- have built up gas stocks to prepare for the winter. Once the EU states most dependent on Russian gas…

French growth will be weak over the coming quarters

Location:

FRANCE

France’s economy has performed better than its peers this year, due to weaker inflationary pressures and strong export performance in the second quarter. However, the latest…