A quip on Balkans producing more history than it can consume, famously but incorrectly attributed to Churchill, is a good description of the Croatian history towards the end of the 20th century. However, at the turn of the...
The complete shutdown of gas deliveries through Nord Stream 1 is an indication of how desperate the Russian leadership has become. There is now no path to military victory, but a clear chance that intensified economic warfare...
Recent years have seen important changes in the payments landscape. Cash usage has been declining in many countries for some time, and this trend has accelerated during the pandemic.
No country has done more than Poland to support the people of Ukraine and especially those driven from their homes by President Putin’s unprovoked aggression.
The adjustment towards a decarbonised economy is being challenged by booming energy prices linked to the geopolitical tension on Europe’s eastern border.
The economy and financial system worldwide saw major transformations in the past decades, boosted by globalization and digitalization or reshaped by key inflexion points such as the 2008 financial crisis, the COVID-19 pandemics...
In the United States, it is conventional wisdom that wages have stagnated for decades.
How do we avoid each man and country for itself when we are faced with major energy insecurity as today? Not every country is able to be self-sufficient, so how do we avoid an elbowing race for resources?
Cash is a safe and highly liquid instrument for payment of goods and services and other transactions which is issued by a central bank.