Publications

Amendments made to Hungarian law sparks strong opposition from Slovakia. The introduction of the new provisions will however have wider repercussions.
Analyses
2010-05-19
Mateusz Gniazdowski
Jakub Groszkowski

Russia has not yet succeeded in inducing Ukraine to make any important economic concessions, but Moscow has made political gains in the security sphere.

Analyses
2010-05-19
Sławomir Matuszak
On 9 May, parliamentary elections were held in North Rhine-Westphalia (NRW), the most populous German federal state. As a result of the elections, the CDU and the FDP have lost a majority of seats and thus the possibility of continuing the coalition in this federal state. The local defeat of the CDU and the FDP means that the federal coalition of CDU/CSU/FDP will no longer have its small majority in the Bundesrat, the house of the German parliament in which representatives of the federal states sit. Consequently, the second house of the German parliament will be able to block government bills, which will significantly impede reforms planned by the government and may cause a loss of support for the coalition members, especially the FDP.
Analyses
2010-05-12
Marta Zawilska-Florczuk

On 27 May, Estonia will be the first former USSR republic to join the Organisation for Economic Co-operation and Development (OECD). Tallinn also expects to become the newest member of the eurozone on 1 January 2011. Despite a deep economic crisis in 2009, the Estonian economy is one of the best-developed and competitive from among the new EU member states. Moreover, according to recent European Commission forecasts, Estonia’s GDP next year may achieve the highest growth across the entire community.
Analyses
2010-05-12

On 3 May, the Slovenian parliament decided to hold a national referendum on 6 June to approve the Slovenian-Croatian arbitration agreement. A rejection of the agreement in the referendum may cause further delays in Croatia’s accession to the EU.

Analyses
2010-05-12

On 4 May, the government adopted a concept for amending the law regulating the electric energy sector and a sector reform for the implementation of the EU’s third energy package. A reshuffle among the key companies in the electric energy sector is expected. The reform is a formal implementation of the EU directive. However, it seems that the government’s goal is to keep control over the entire sector via the Ministry of Energy headed by Arvydas Sekmokas, a close associate of Prime Minister Andrius Kubilius.
Analyses
2010-05-12

On 7 May, the Bundestag passed a law on the granting of financial support to Greece. Germany had been trying to delay financial aid to Greece for many months and ruled out extending the aid package to other countries. However, the situation on the financial markets and the need to stabilise the common currency forced Germany to change its previous approach.
Analyses
2010-05-12

On 8 May, the eurozone member states granted Greece a three-year loan of 80 billion euros aimed at stabilising the country’s public finances. This decision has raised strong controversies in new members of the euro group, Slovakia and Slovenia, whose governments agreed to offer respectively 820 million euros and 390 million euros as help for Greece.
Analyses
2010-05-12

On 1-2 May, the Asian Development Bank (ADB) signed a range of agreements with Uzbekistan to provide loans totalling US$1.15 billion for infrastructure and energy projects. The award of such large amounts (from 1995 to 2009, Uzbekistan received a total of around US$1 billion from the ADB) increases Tashkent’s room for manoeuvre and weakens Moscow’s, whose financial projects (such as the one-year-old Anti-Crisis Fund) cannot compete with Asian financial institutions.
Analyses
2010-05-12

On 12 May, Ukraine’s first deputy PM Andriy Kluyev presented parliament with information concerning five Ukrainian-Russian agreements on co-operation, which have been prepared for signing during Russian President Dmitri Medvedev’s visit to Kyiv, planned for 17 May. None of them concern energy or any sensitive questions concerning co-operation in other sectors. This confirms the assumption that Ukrainian negotiators have taken a tough stance on questions concerning the economic interests of Ukraine and Ukrainian business.
Analyses
2010-05-12

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