Deep structural change will allow the region to enjoy more sustained and inclusive growth, which will boost living standards and lower poverty for present and future generations.
In October the Ukrainian government missed another chance to substantially advance free market reforms in the country, renewing a moratorium on sales of agricultural land until January 2018.
Russia's recent sabre rattling has invoked the spectre of military confrontation between the former Cold War adversaries.
This is the way of high politics under Putin: you either drift in limbo or are struck by the implacable and unpredictable lightning bolt from the heavens. Late Putinism isn’t working, but who will brave the lightning bolts to tell him?
The reported creation of an all-powerful intelligence agency may have been prompted by the chaotic state of the sector.
The question is whether the solid progress achieved in the economy over the past 12 months can continue.
A series of successful large-scale investments in the consumer sector have raised interest in Southeast Europe among private equity. However, potentially attractive privatisations deals within the region have so far proved elusive.
A onetime ally of Vladimir Meciar, he became the Central European country's democratic guardian when it was in danger.
What may seem like petulant antics actually reflects a difficult and dangerous underlying problem: Putin genuinely believes the West is out to get him.
The use of symbols of Britishness in the two works “play with stereotypes in the way Romanians are stereotyped”.
One of the arguments of Florian Horcicka’s excellent new book on contemporary spying in Austria is that Vienna is rapidly becoming a kind of espionage theme park.
Few new WTO member states as Russia have faced so much litigation in the world trade body so soon after they joined.
The satirising of the financial imperium gets progressively more over-the-top and entertaining, but “Success Story”, playing at the Latvian National Theatre, is not without its problems.
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