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Much of the discussion about how to impose more convergence among member states of the eurozone has focused on what national governments should do to avoid divergent developments in a number of macroeconomic variables, e.g. competitiveness or current account imbalances. Without denying that...
Persistent link: https://www.econbiz.de/10013137394
The analysis in this Commentary provides strong evidence showing that the burden of the adjustments to the imbalances in the eurozone between the surplus and the deficit countries is borne almost exclusively by the deficit countries in the periphery. And although the European Commission has now...
Persistent link: https://www.econbiz.de/10013106555
The January 2009 interruptions of gas supplies from Russia to the EU via Ukraine, following the earlier 2006 crisis … political relations between Russia and Ukraine. The recently agreed tri-partite (EU, Russia, Ukraine) monitoring system is a … EU, Russia and Ukraine negotiate the creation of a new business consortium to be granted a long-term concession to …
Persistent link: https://www.econbiz.de/10014211003