Archive for June, 2013

After a Year of Brotherhood Rule, What Next for Egypt?

After a Year of Brotherhood Rule, What Next for Egypt?

Today marks exactly one year since Mohammed Morsi won Egypt’s first (relatively) ‘democratic’ presidential elections. As Egypt’s economy continues its downward spiral, while political chaos and Muslim Brotherhood ineptitude remain the norm, life for most Egyptians over the past twelve months has scarcely improved. Tens of thousands of Egyptians are expected to take to the streets […]

A Decade in the Making: Croatia Joins the European Union on July 1st

A Decade in the Making: Croatia Joins the European Union on July 1st

The story behind Croatia’s EU accession process and the impact of membership on the country’s economy.

New Budget Deal Sees First-Ever Cut in EU Spending

New Budget Deal Sees First-Ever Cut in EU Spending

Today, the leaders of the EU’s three major institutions (the Commission, the Council and the European Parliament) have come to an agreement on the 2014 – 2020 budget. The negotiations, which have been ongoing since late 2012, were initially hindered by disagreements between member states over whether to cut spending. Austria, the Czech Republic, Finland, […]

Growth and Rebalancing: Jan Kregel on China’s Economy

Growth and Rebalancing: Jan Kregel on China’s Economy

The upheaval in Chinese interbank markets last week has prompted many to take a closer look at growth drivers and credit dynamics in China. Recent events have not come as a surprise to all, however. Some noted fund managers, such as Hugh Hendry and Jim Chanos, have been highly skeptical of the “China as the engine of global growth” […]

Serbia’s EU Accession Talks Delayed Until January 2014

Serbia’s EU Accession Talks Delayed Until January 2014

While Croatia is set to enter the European Union at the beginning of next week, foreign and EU affairs ministers who met yesterday in Brussels have decided to delay talks with Serbia. The Intergovernmental Conference (IGC) which is to signal the start of negotiations with Serbia has been delayed from December 2013 to January 2014. […]

Youth Unemployment in the European Union

Youth Unemployment in the European Union

Unemployment amongst youths (those aged 25 and under) in the EU-27 has grown from 15 percent in 2008 (its lowest point in the past decade) to 23.5 percent as of April 2013. In total, 15 million Europeans below the age of 30 are neither employed nor are they taking part in any form of training […]

Protest, Politics and Paternalism in Turkey

Protest, Politics and Paternalism in Turkey

The brutal police response and inept political reaction to protests in Istanbul’s Gezi park (and later throughout Turkey) have served, among other things, to prick the Erdoğan “bubble” that has thrived in recent years. As Zeynep Korkman writes, Most observers of Turkey have been surprised by Prime Minister Recep Tayyip Erdoğan’s unwillingness to compromise with the […]

Why did Egyptians Revolt? Hazem Kandil on the Origins of the Egyptian Uprising

Why did Egyptians Revolt? Hazem Kandil on the Origins of the Egyptian Uprising

Since January 2011, much ink has been spilled in commentary on the unfolding of the “Arab Spring”. On who might come out “on top”, on who should come out “on top” and why a “victory” for one or another party, group or movement would spell either redemption -or utter disaster for those caught in the whirlwind of […]