bne’s Despair Index values are contained in most developed countries of the world and many of the former Eastern Bloc countries have scores on a par with their Western peers. But the share of poverty remains too high in many countries.
After her husband Donald’s shock victory in the US presidential election on November 8, Melania Trump is about to become the first non-US born first lady in two centuries.
Unpredictability is never an asset in foreign or defence policy, so the election of the mercurial Donald Trump to the US presidency is already causing conniptions in European capitals, especially those of Central Europe.
“Western politicians haven’t forgiven Russia for Crimea, but the markets have.” The Russian bond market is booming in a welcome relief for the Kremlin. The rest of CEE not so much, as the ECB QE programme depresses yields to historic lows.
With tighter regulatory rules looming, life is not going to get any easier for the region’s banks.
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