Baltic States

Europe in recession, no engines of growth

bne IntelliNews December 9, 2023

The latest GDP figures show that the eurozone contracted in the third quarter and looks like it will do the same in the last three months of the year, falling into a continent-wide recession.

CENUSA: The EU must not allow mistakes over Ukraine to compromise its expansion policy

Denis Cenusa in Giessen December 5, 2023

European military-financial support for Ukraine's defence efforts and its political-strategic support for ​​Ukraine's European accession are interdependent. They can have a positive influence on each other or can obstruct each other.

ING: Consumer not ready to change what they eat to help the environment

ING December 1, 2023

By wasting less food and eating less meat and dairy, consumers can help to slow down climate change. However, consumers in the EU have barely changed their diets.

COP28: Cities in the face of the rising tide

Clare Nuttall in Glasgow December 1, 2023

By 2050 an estimated 1bn people globally will be living in coastal areas, which are already threatened by rising tides.

COP28: All the climate crisis warning lights flashing red – in charts and maps

Ben Aris in Berlin November 29, 2023

The great and good have assembled in UAE’s capital of Dubai for the COP28 conference to hash out a plan to avert the looming environmental disaster, but its probably too late.

ING: What companies and investors should know about COP28

ING November 29, 2023

COP28 will focus on ramping up efforts and investment in climate mitigation, adaptation and loss and damage control. It's now crucial that companies invest in clean technologies, harness climate finance opportunities and contribute to systems change.

Baltic foreign ministers boycott OSCE meeting to be attended by Russia's Lavrov

bne IntelliNews November 29, 2023

Host North Macedonia and Bulgaria have suspended Western sanctions to allow Lavrov to fly into the Nato member state for the OSCE conference.

COMMENT: Falling EM inflation enters a second phase, but rate cuts will progress slowly in 2024

bne IntelliNews November 28, 2023

Inflation rates are coming down across the Emerging Markets and are now entering a second phase, Capital Economics said in a note on November 28. Central Banks are getting ready to cut interest rates but rate cuts will come slowly.

VISEGRAD BLOG: Europe's populist surge can still be contained

Robert Anderson in Prague November 27, 2023

Hungarian premier Viktor Orban rejoices in 'winds of change' after victory of Geert Wilders’ radical right-wing Freedom Party in the Dutch general election.

Ukraine EU accession talks will be "difficult", European Council President Michel says

Ben Aris in Berlin November 23, 2023

The President of the European Council, Charles Michel, predicts that the December summit on Ukraine's accession to the EU will be “difficult".

EBRD survey reveals surprising surge in life satisfaction in Emerging Europe

Clare Nuttall in Glasgow November 23, 2023

In the last seven years, Emerging Europe has grappled with pandemic, war and a cost of living crisis. So why did people get happier?

Bulgaria had EU's biggest population slump in pandemic year 2021

bne IntelliNews November 21, 2023

EU regions with the steepest population loss were all in Bulgaria, led by Vidin with a loss of 25.7 per 1,000 people.

INTERVIEW: Green transition must be a just transition, says EBRD chief economist

Clare Nuttall in Glasgow November 21, 2023

EBRD research shows majority in transition countries believe climate change will severely affect the children of today, but fewer people are willing to pay to address the climate emergency.

Kallas looks for an international way out as domestic sharks circle

Linas Jegelevicius in Vilnius November 16, 2023

Estonia's opposition smells blood as prime minister is battered by personal scandal and economic woes.

INTERVIEW: Andrew Michta, director of the Scowcroft Strategy Initiative

Robert Anderson in Bucharest November 14, 2023

“If we find ourselves in a situation where Ukraine is cut off financially and runs out of resources, if we force Ukraine into some sort of frozen conflict or armistice, that is a victory for Putin.”

ING: Car market full speed ahead in the run up to 2024

Oleksiy Soroka a senior high yield credit research analyst at ING. November 14, 2023

The auto sector maintained momentum throughout 2023, which pushes sales an expected 8% higher. We think that order books and underlying demand will still bring positive developments next year, too.

Cleaner air is accelerating global warming

Ben Aris in Berlin November 8, 2023

The reduction in atmospheric pollution, often associated with burning coal, oil, and fossil fuels, has led to clearer skies and that means more sunshine, which paradoxically is actually exacerbating global warming, not preventing it.

Businesses increasingly concerned over geopolitical and economic risks to the global economy, says Oxford Economics

Ben Aris in Berlin November 7, 2023

Businesses are increasingly concerned over geopolitical and economic risks to the global economy, according to Oxford Economics’ latest Global Risk Survey released on November 6.

NEMETHY: Is the global economy reaching a tipping point?

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors November 5, 2023

The US economy is powering forward with almost 5% GDP growth as per the last measured quarter. Global GDP growth is in the range of 3%. This article will explore whether we are reaching (or have already passed) a tipping point.

Major companies seek COP28 deal on quitting fossil fuels

Roberta Harrington in Los Angeles October 26, 2023

More than 130 companies – including Bayer, eBay, Heineken, IKEA, Nestle, Mahindra Group and Volvo – are calling for a timeline for the phase-out of unabated fossil fuels.

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