Partners or rivals? Chinese investments in Central and Eastern Europe
Today China holds 1/3rd of the world’s currency reserves. By 2030, the Chinese economy will surpass the United States, becoming the world’s largest market. Between 2007 and 2012, the Chinese economy grew by close to 60 percent; emerging Asia as a whole by almost 50%. Over the same period, economies of high income countries have grown by a mere 3%. Clearly the world is undergoing profound changes. READ MORE
Russia Seeks To Sustain Its Energy Security
Moscow has reiterated pledges to improve Russian energy security by promising sizable investments to develop its hydrocarbon sector and power supply networks. However, the economic viability of such solutions appears to remain a matter of debate as Moscow’s ambitious plans require huge investments. Russian authorities have long pledged to replace obsolete and wasteful Soviet-era energy technologies and solutions by what officials describe as “energy-efficient” facilities. READ MORE
Soviet Park Period
Lithuania-Belarus economic forum which will take place in the middle of September in Vilnius and the all at once coming information about Aleksandr Lukashenko possibly visiting it, can be events which will draw the attention of mass media, politicians and observers not only in Lithuania and Belarus. Obviously, the official Minsk will try to build a bridge to the West again, and this time to a very close West. The reporter of euramost.org asked the international observer Roman Yakovlevsky to comment on the forthcoming events. READ MORE
