The Black Sea Region (BSR) has emerged as an important intersection of political, economic and security considerations and is now firmly into the attention and policy focus of the European Union and other international organizations. Increased movement of people, terrorist threats, economic...

The worldwide banking system is at the heart of the greatest economic crisis for at least 70 years. The crisis has strongly affected a sector that had already experienced significant changes in the preceding 30 years. Structural changes in the world economy, caused by globalisation processes and...