“The Russians will probably win this one”, wrote Kenneth Rapoza in forbes.com, referring to the natural gas competition between Russia and the USA – the US LNG versus Russian pipeline.
Banks with Russian capital, which have so far maintained a strong position in Ukraine, are now slowly preparing to retreat.
The way in which the Germans circumvent the economic sanctions introduced by the EU after the annexation of Crimea and the Russian embargo on food from Europe, are FDIs in Russia.
The indicators published in recent months by the Russian Statistical Office – Rosstat are much more upbeat than those estimated and forecast several months ago.
In the years 2002-2016 Russia earned additional revenues amounting to approx. USD3 trillion from the export of fuel and other commodities. These funds could have changed Russia's monocultural economy.
Russia’s economy is a cocktail of conservative macroeconomic policy, state and crony capitalism a blend of protectionism and efficient authoritarianism, said Anders Aslund, PhD, member of the Atlantic Council and CASE.
In Europe Estonia has been placed second in the 2017 Heritage Foundation's Index of Economic Freedom. Lithuania was 8th and Latvia came in at 11th. In the global ranking Estonia is the 6th.
Europe faces a super election year, as the series of elections in the Netherlands (March), France (April) and Germany (September) can have negative impact on political and economic stability of entire continent.
M&A deals in Central-Eastern Europe peaked in value in 2016 at EUR86.7bn, the highest level since 2013, according to the “Emerging Europe M&A report 2016/2017” by CMS in cooperation with EMIS.
Over two years have passed since Russia introduced an embargo on Western food imports in retaliation for Western Sanctions. The embargo has permanently changed the production of food and consumers behavior in Russia.