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EU Apple ruling will not solve tax policy problems

Location:

EU

The Commission judged that Irish authorities had forgone this sum as part of a special arrangement with the global technology company, thereby granting it illegal state aid. This…

TurkStream will compete in a complex Balkan gas market

Location:

BALKANS

With TurkStream, Russia has opened a new export route to the EU through South-eastern Europe under the Black Sea: Bulgaria, Greece and North Macedonia are receiving Russian gas…

Russia seeks mediating but not dominant Libyan role

Location:

RUSSIA/LIBYA

Moscow is increasingly involved in Libya in support of a dual ambition to be taken seriously as a regional power and an honest intermediary. As Turkey takes sides in the conflict…

Hungary’s pandemic measures will entrench ruling party

Location:

HUNGARY

While the government's communications focus on how to stop the pandemic and make the economy more resilient, some of its recent spending decisions seem unrelated to tackling…

Prospects for cybersecurity in 2022

Location:

PROSPECTS 2022

Prospects for cybersecurity in 2022.

Russian banks face another tough year in 2023

Location:

RUSSIA

Banking-sector stability is vital for the functioning of the Russian economy: bank credit is facilitating economic restructuring. Although the sector withstood the first impact of…

Higher inflation and lower growth test corporate bonds

Location:

INTERNATIONAL

Investment-grade borrowing costs have risen in the United States, Europe and emerging markets (EM) this year. The increase has been much more pronounced for non-investment-grade…

Political pitfalls will limit Ethiopian liberalisation

Location:

ETHIOPIA

This would constitute the first major step in Prime Minister Abiy Ahmed’s much-heralded privatisation drive. However, political and security risks remain likely to delay and…

Hungarian mogul’s success will be linked to premier’s

Location:

HUNGARY

A profile of Hungarian businessman Lorinc Meszaros.

EU foreign investment disunity could fuel populism

Location:

EU

For Germany and France, an important component of this is the treatment of foreign direct investment (FDI). However, prospects for an EU-wide response appear to divide the bloc…