The Euro Economy

In a bid to shore up Greece’s anti-austerity position, Prime Minister Alexis Tsipras hosted the leaders of France, Spain, Italy, Portugal, Malta and Cyprus to Athens over the weekend to devise a growth oriented economic policy for the upcoming EU summit in Bratislava. Tsipras is hoping to count on the support of these countries when… » read more

Posted by Meredith Smith

  Having been in power for less than a month, Britain’s new Prime Minister is already making an impact. To the surprise of many, Theresa May has decided to delay work on the £18bn Hinkley Point nuclear power station, much to the chagrin of Chinese and French partners on the project. The impetus for halting… » read more

Posted by Meredith Smith

SolarPower Europe last week presented a letter calling for an end to anti-dumping duties on Chinese-made solar panels and cells to the European Commission (EC). The letter, signed by 34 European solar and renewable energy organisations, stated that the EU solar panel industry derives no advantage from the trade measures, noting that they have contributed… » read more

Posted by Meredith Smith

Back in December, former USAID project officer Josh Cohen described the scale of corruption in Ukraine so breathtaking that “a Nigerian prince would be embarrassed.” Since then, the Nigerians actually were embarrassed, this time by British Prime Minister David Cameron’s who quipped that the country was “fantastically corrupt” prior to the May 12 Anti-Corruption Summit… » read more

Posted by Meredith Smith

    The world again turns its eyes toward Paris and the renewed resolve of many of the diplomats and delegates attending the COP21. The United Nations Climate Change Conference is set to go, despite the pall of the November 13 Paris attacks and subsequent mushrooming of terrorist threats across the EU. However, that sadness… » read more

Posted by Meredith Smith

Switzerland has always been a little aloof from its neighbours. It never joined the EU for example. However, it seems to benefit from its multiple, bilateral EU agreements whilst not suffering from the costs and potential downfalls of EU membership. Whilst it’s near neighbours France and Italy are battling recessionary and high unemployment problems and… » read more

Posted by Meredith Smith

“Tailwinds support the recovery”, proudly stated the European Commission’s Spring 2015 Economic Forecast. Even without reading the full report, one gains a general sense of the predictions for each country just by reading the title of each chapter. For example, if you find yourself in a conversation discussing economic progress in Estonia, you can get… » read more

Posted by Meredith Smith

It’s 2015 and Ukraine has much in common with the famous cartoon from the 1950s. Like the Wile E. Coyote, its economy ran over the hill and is now suspended mid-air, treading on air. Inflation is upwards of 25%, foreign currency reserves are melting away to prop up a tumbling currency, the GDP contracted by… » read more

Posted by Meredith Smith

Petros Christodoulou, a Greek investment banker, once quipped “most of the bad news about America’s subprime-mortgage market will be out by the end of August.” It was the beginning of August 2007, just a few weeks before the financial whirlwind that almost sucked in the global economic system unleashed. At the time, Greece was still… » read more

Posted by Meredith Smith