The bi-polar Romania

Thanks to the far-reaching reduction of taxes, Romania has a chance to become a new regional power, able to attract foreign investors. However, the unresolved problem of corruption at a level unprecedented in the European Union could spoil even the most favorable economic solutions.

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The EU should push Ukraine to change

The EU cannot leave Ukraine alone and stop pushing for further reforms, because Kiev has already wasted a lot of time. There has been no breakthrough, says Gustav Gressel, an analyst at the European Council on Foreign Relations.

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IMF will not grant Belarus an unconditional loan

Belarus urgently needs a loan to meet its obligations. It is counting on aid from the International Monetary Fund (IMF). In September, experts from the IMF made a review of the reforms implemented by Minsk.

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Exports to Russia are of no great importance to Poland

When the leaders of the EU states decided to extend economic sanctions imposed on Russia by another half a year, Polish producers received this news calmly.

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Gaining independence from Russian gas must be sped up

Poland loses its allies in the fight against Nord Stream2 thus new investments in gas infrastructures has gained urgency.

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Without reforms Belarus’s economy will stagnate

After a few years of slow but stable growth Belarus is in recession.

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Countries in Russia’s orbit are losing twice over

Low oil prices have sent Russia’s economy into a recession, and countries on its periphery are being dragged along for the ride as the slump affects both oil exporters and countries that rely on trade and aid from Russia.

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Ukraine enters the EU free trade area

Prime Minister Arseniy Yatsenyuk is considering entering the path of a trade war with Russia, as it opposes the trade part of the EU-Ukraine Association Agreement which was initially supposed to become effective a year ago.

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Romania wants political cleansing

Protests about a deadly nightclub fire have changed Romania’s government but didn’t changed the corrupted system.

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The Baltic countries are doing unexpectedly well

Lithuania, Latvia and Estonia suffered heavily in the global economic crisis. However, they have been able to deal with their problems, and the sanctions imposed against Russia have not affected their economies too much – this is also visible in the Doing Business 2016 report.

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