In this article, it is argued that the economic and political transformation in Central and Eastern European countries towards the end of the twentieth century towards a market economy were irreversible and path dependent. The author discusses the importance of this issue for the success of...

Relying on the linkage and leverage theory, the paper aims at reviewing critical issues related to China's economic, cultural and political expansion in EU's Central and Eastern member states. Through the "17+1" format and "One Belt, One Road" initiative, China became an assertive competitor in...

Since revelations of the Greek fiscal deficit in the fall of 2009, the breakup of the Economic and Monetary Union (EMU) has moved from unthinkable to plausible. The debate over the future of the EMU has become increasingly relevant, as numerous efforts to solve the Greek crisis have not been...