| Jean-Claude Trichet
The president of the European Central Bank discusses the development of the Euro in Eastern and Central Europe
A break-up of the euro would be good for both surplus and deficit countries. By Roger Bootle
If the central and eastern European countries’ vast infrastructure investment gap is ever to be bridged, then private capital via the bond markets will have to be harnessed
President Petro Poroshenko and premier Arseniy Yatsenyuk have dipped into Georgia’s deep pool of reformist talent in an effort to rebuild Ukraine’s war-ravaged economy. However, even with a vast IMF package and other financial assistance, many have trouble seeing how Ukraine is ever going to return to growth while it is in conflict with the Russia-backed rebels in the east
Georgia’s radical approach to economic thinking is working. But it remains dangerously exposed to the whims and wiles of its more powerful and belligerent neighbor
A terrible cocktail of a vast debt pile, large fiscal deficit and lack of growth has pushed Croatia’s debt profile precariously close to unsustainable levels. Without comprehensive structural reforms, many believe the country’s economy will be in crisis by the end of the decade.
Russia’s eastward foray and energy deals with China, far from saving its economy, are revealing Vladimir Putin’s weak bargaining position.
Copyright © Euromoney Institutional Investor PLC 2010. All rights reserved.