In spring the European Commission published its first "Alert Mechanism Report" on macroeconomic imbalances in the European Union summarising ten indicators in a scoreboard. Austria exceeded the relevant thresholds in three cases: 1. Austria's export market share decreased by 14.8 percent during...

The countries of the Black Sea region, located at the strategic crossroads between Europe, Central Asia and the Middle East, are rapidly gaining in importance, considering their geographic proximity, rich mineral resources and potential as a sales market and labour pool. The article looks into...

Due to their geographical proximity, their natural resources as well as their market potential and labour pool, the countries of the Black Sea region located at the strategic crossroads of Europe, Central Asia and the Middle East are gaining increasing importance. As the economies are expanding...