During the weekend, the new wave of pro-EU protests in central Kiev, the Ukrainian capital, against the government’s last minute decision to drop out from an agreement with the European Union and instead sign one with Russia, shows the deep division between the pro-western and pro-Moscow parts of the population of this country. For one […]Who cares about the unity of Ukraine?
December 9, 2013 by Leave a Comment
During the weekend, the new wave of pro-EU protests in central Kiev, the Ukrainian capital, against the government’s last minute decision to drop out from an agreement with the European Union and instead sign one with Russia, shows the deep division between the pro-western and pro-Moscow parts of the population of this country. For one […]Ukraine pays the price for lying between Russia and the EU
December 3, 2013 by Leave a Comment
Yesterday, it was a difficult day in Brussels with the EU’s Eastern Partnership under stress, because of the violent suppression of the pro-western street protests in Kiev. This same day the Russian President Vladimir Putin – the architect of Ukraine’s changing sides and joining Moscow’s Eurasian Union – chose to go to Yerevan to meet […]Who is culpable in the EU for Ukraine’s defection to Russia?
December 1, 2013 by Leave a Comment
The 350,000 to 500,000 people who protested yesterday, even violently at times, in the centre of the Ukrainian capital Kiev, belonged, theoretically, to the three opposition parties, which had organised the rally. Unquestionably however, all Ukrainians believe that President Viktor Yanukovich – who decided at the last minute to turn down an Association Agreement with […]ECB’s Draghi favours a cheaper euro to serve all Eurozone countries
November 29, 2013 by 2 Comments
György Matolcsy, the controversial Hungarian politician and economist, currently serving as governor of his country’s central bank, handpicked for the job by the equally controversial Prime Minister Viktor Orban, reported that the President of the European Central Bank, Mario Draghi has set the ceiling for the euro/dollar parity at 1/1.30. This is something Draghi has […]The EU accuses Russia of bullying Ukraine to change sides
November 26, 2013 by Leave a Comment
It took four days to European Union two presidents to grasp the magnitude of the Ukrainian full U-turn, with Kyiv signing the Moscow led customs union, after cashing in the advance of EU’s financial aid. The unprecedented complete turnaround of Ukraine’s foreign policy took place last Thursday and the President of the European Commission José […]Ukraine undecided over a strategic partnership with the EU
November 19, 2013 by Leave a Comment
The Eastern Partnership, EU’s major and expensive initiative to extend its influence up to the southern borders of Russia is faltering dangerously. Ukraine doesn’t seem ready to sign the Partnership, after Armenia recently rejected it. This is the second opening of the European Union to Eastern Europe, after the successful historic enlargement of the Union […]EU deserves the title of the Syrian affair merchandiser
September 16, 2013 by Leave a Comment
With the US-Russian agreement on chemical weapons in Syria the world economy and more so Europe avoided a new blow, at a time when the resumption of business activities, especially in the European south, prove to be more fragile than expected. There is no doubt that this development defused the tensions which run high after […]Why capital markets have no more reservetions about Eurozone
September 13, 2013 by Leave a Comment
Borrowing on international markets is not at all a straightforward activity. Things are even more complicated when it comes to long-term debt paper with maturities spanning to decades. This little theory tells a lot about Eurozone’s creditworthiness. As a matter of fact, during the last few weeks the European Financial Stability Facility (EFSF) borrowed from […]Obama turns the G20 summit into warmongering platform
September 7, 2013 by Leave a Comment
In an unprecedented move the American President Barack Obama asked yesterday all and each one of the G20 leaders participating in the Saint Petersburg summit to back ‘his’ war against Syria by signing a paper (joint declaration) authorising the US to use military force. This is an attempt by the US to neutralise the United […]Is it true that the G20 wants to arrest tax evasion of multinationals?
July 22, 2013 by Leave a Comment
Last Saturday the ministers of Finance of the G20 council agreed in Moscow to tackle global tax evasion by adopting a 15-point OECD Action Plan, which supposedly will give governments the domestic and international arms they need to combat tax Base Erosion and Profit Shifting (BEPS). The responsible European Commissioner for tax issues Algirdas Šemeta […]Bugged Europe accepts US demands and blocks Morales plane
July 6, 2013 by Leave a Comment
If the plane of a European Union head of state or government, while passing over a Latin American country, had been forced to land by the country’s military and civil authorities, and then searched for 15 hours, say by the Bolivian police and secret agencies, the entire EU political establishment would have climbed at the […]No tears for Cyprus in Brussels and Moscow
March 21, 2013 by Leave a Comment
One after the other Eurozone’s major players draw their red lines towards Cyprus, after the country’s Parliament rejected unanimously the agreement struck between the Nicosia government and the Eurogroup in the early hours of Saturday morning 16 March. The agreement was supposed to provide the Cypriot authorities with €5.8 billion from a haircut of 6.75% […]Where is heading Putin’s Russia?
December 18, 2012 by Leave a Comment
Russia is the third trading partner of the EU and the EU is the first trading partner of Russia. This simple fact tells the whole story, about the relations between the two largest economic volumes of the Old Continent. Not much of Europe is left outside the two heavyweights. Energy, food, machinery and equipment, raw […]
