Lithuanian–Polish relations, though far from being perfect in the political sense, are on a very good level in economic terms. This awkward situation is not only a hard task for policy makers, but may also influence future generations and their vision regarding the cooperation between Poland and Lithuania. The bilateral relations of Poland and Lithuania, therefore, have become hostage to the complicated history of both nations and their respective complex inner political situations. READ MORE

The idea of Germany having an independent national strategy runs counter to everything that Germany has wanted to be since World War II and everything the world has wanted from Germany. In a way, the entire structure of modern Europe was created to take advantage of Germany's economic dynamism while avoiding the threat of German domination. In writing about German strategy, I am raising the possibility that the basic structure of Western Europe since World War II and of Europe as a whole since 1991 is coming to a close. READ MORE

The European sovereign debt crisis reached its apex when global financial markets began considering the possibility that a large euro zone economy — Italy, Spain, or both — could become another Greece, resulting in the dissolution of the single currency. By November 2011, the spread between the yields of 10-year Italian and German bonds was so great that Italy had to pay interest rates well above 7 percent on its long-term debt, a clearly unsustainable level. This marked a political turning point. But while Italy was once seen as a primary cause of the euro crisis, it could now be poised to be part of the solution. READ MORE

This March 23rd after almost three years pause Moldova obtained its President, thus getting out of evidently prolonged constitutional dead-end. Having just taken the office, the elected President, 63 years old Head of the Supreme Magistrate Council of the Republic of Moldova Nicolae Timofti, have already gained the reputation of the upholder of unification with Romania and “anti-Russian” project in the yellow press. READ MORE