Eastern Europe

This tag is associated with 70 posts

Bulgaria, World Bank Partner To Boost Impact Of European Structural And Investment Funds

The World Bank’s Vice President for Europe and Central Asia Cyril Muller and Bulgaria’s Deputy Prime Minister for EU Funds and Economic Policies Tomislav Donchev signed today a Memorandum of Understanding (MoU) on partnership and support in the implementation of the European Structural and Investment Funds in Bulgaria for 2014-2020 period. This agreement marks an … Continue reading

Bank Deleveraging Slowed Down In Eastern Europe While Capital Outflows Moderated

Banks in Central, Eastern and Southeastern Europe (CESEE) reduced the pace of deleveraging in the first quarter of 2015 compared with the previous quarter, and the related capital outflows moderated. Credit growth continued to diverge across the CESEE region, according to the latest report from the Vienna Initiative Steering Committee. Banks reporting to the Bank … Continue reading

Greek Crisis: Why The Athens Stock Exchange Plunged On Reopening The 3rd Of August

After five weeks of closure, the Athens Stock Exchange reopened on Monday and immediately the trend went sharply down. Investors do not believe that a recovery of the Greek economy could occur soon. Greece’s stock market reopened after five weeks to the most savage wave of selling in decades, underlining a crisis that’s crippled the … Continue reading

IMF Executive Board Completes First Review of Ukraine’s Extended Fund Facility And Approves US$1.7 Billion Disbursement

The Executive Board of the International Monetary Fund (IMF) today (July 31) completed the first review of Ukraine’s Extended Arrangement under the Extended Fund Facility (EFF). The completion of this review enables the disbursement of SDR 1,182.1 million (about US$1.7 billion), which would bring total disbursements under the arrangement to SDR 4.72 billion (about US$6.68 … Continue reading

Ukraine Faces Solvency Crisis And Likely To Default In July, Goldman Says

Ukraine faces a solvency and liquidity crisis and will likely miss a bond coupon payment in July and — as a result — will default on its debt, according to Goldman Sachs. The Ukrainian government is unlikely to resolve a disagreement with its creditors on its debt repayment plan in the approaching weeks and will likely issue a moratorium before … Continue reading

Eastern Europe: NATO Spearhead Force Deployed For First Time With Capacity Of 4k To Be Gradually Increased To 40k Troops

“NATO’s new high-readiness ‘Spearhead’ force has been deployed for the first time,” Forces TV reports. “More than 2,000 soldiers from nine member states are taking part in exercises in north-west Poland. It comes as NATO head Jens Stoltenberg says the alliance will approve plans this week to more than double the size of its rapid response … Continue reading

See NATO’s Massive Training Exercises In Eastern Europe

Moscow’s “blacklist” of European political figures who now will be denied entrance to the Russian Federation suggests that in the view of the Kremlin, Poland is Russia’s “most dangerous opponent” in Europe, EMerging Equity reported on June 4. On June 2, Poland’s defence minister, Tomasz Siemoniak, told Sky News his country was facing its greatest security crisis … Continue reading

NATO’s Black Sea Bloc: Spreading The “New Cold War” Beyond Eastern Europe Into New Theaters

By Andrew Korybko NATO’s Black Sea bloc gets busy (I), Via Oriental Review The shaky truce in Ukraine has given NATO ample opportunities to spread the New Cold War beyond Eastern Europe and into new theaters, one of which has been the greater Black Sea region. The recent destabilizations in Macedonia and Moldova that endanger Russian … Continue reading

Poland: Russia’s Most Dangerous Opponent In Europe

“Moscow’s “blacklist” of European political figures who now will be denied entrance to the Russian Federation suggests that in the view of the Kremlin, Poland is Russia’s “most dangerous opponent” in Europe ,” according to Andrey Illarionov,” Euromaidan Press reports. The blacklist was revealed by Russia to European diplomats last week. It included past and … Continue reading

The Pentagon’s “Long War” Pits NATO Against China, Russia, Iran – OpEd

By Pepe Escobar, Sputnik News Whatever happens with the nuclear negotiations this summer, and as much as Tehran wants cooperation and not confrontation, Iran is bound to remain — alongside Russia — a key US geostrategic target. As much as US President Barack Obama tried to dismiss it, the Russian sale of the S-300 missile system to Iran is a … Continue reading

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