After a number of tax evasion and money laundering schemes have been revealed in recent years, the Parliament of the European Union established a special committee to investigate the EU taxation policies.
In the past 25 years, exports played an almost dominant role in the economic growth of the Central and Southeast Europe (CSE). In this period Poland strengthened its role as an exporter of intermediate goods.
Poland has recently said it won’t join Eurozone any time soon. So, who from the Central and Southeast Europe (CSE) is in, and who will join the Eurozone, when and why?
The year 2019 marks the 20th anniversary of creation of the Eurozone, so this is a good opportunity to look at the benefits and losses that the single currency has brought to the European Union.
The transition towards low-carbon energy in Central and Southeast Europe (CSE) opens up new investment opportunities via innovative, cost-effective technologies.
Russia has recently launched a new power plant to make its Kaliningrad exclave electricity and gas self-reliant, as its EU neighbors unplug their power grids from Russia.
The European Bank of Reconstruction and development (EBRD) has a positive outlook for Latvia in 2019. It expects Latvian growth to be the highest among the Baltic States and forecasts is at 3.5 per cent of GDP.
In Estonia, banking sector is in midst of debates over the role of foreign banks operation, as Scandinavian banking groups have 90 per cent of all Estonian banking sector assets.
The 2019 Economic Freedom Report by The Heritage Foundation shows that the world seems to be at a crossroads — it may continue on the path of economic freedom or it may return to hindered growth and development.
The European Union is the largest single market in the world, governed by uniform rules set out in the directives and regulations. However, the interpretation of these rules is determined by the EU bureaucracy.