Plans to explore setting-up “Gas City” in Yemen

Plans to construct “Gas City” by a UAE-based consortium will likely help fill the gaps in the country’s finances in the long-term, but more immediate political and economic solutions are needed....
Kuwait  31/08/09

New labour law debate rages as Kuwait edges towards labour reform

Kuwait’s parliament has overwhelmingly passed in first reading an amended labour law....
Croatia  27/08/09

Slovenian-Croatian relations: a new beginning in the old story

The results of the first meeting of the Slovenian and the newly appointed Croatian PMs exceeded the preliminary expectations. It demonstrated, that the two politicians can find the common language....
Bulgaria  27/08/09

The New Bulgarian Government Prepares Cut Back

The new CEDB-led government still enjoys the confidence of 72% of the citizens, but the freshly announced cut backs to curb the budget deficit could erode that support fast....
Czech Republic  24/08/09

Philips-Curve in Slovakia and the Czech Republic

The disputed Philips-curve (showing that inflation and the unemployment rate are inversely proportional) seems to describe accurately the trends in both crisis-hit Slovakia and the Czech Republic. Fal...
Poland  24/08/09

Mixed news on the Polish Economy

Poland continues to be the most mildly affected economy in the region by the crisis, although the government’s attempts to plug the holes in the budget could sharpen the political conflicts....
Romania  24/08/09

Romania-IMF Deal Struck

Romania and the IMF amended the loan deal to allow for a larger budget deficit. However, the intensifying campaign before the upcoming presidential elections can further delay stabilizing measures....
Romania  24/08/09

Campaign amid Economic Hardship in Romania

The presidential candidates’ campaign went on also during the stay of the IMF mission in Bucharest....
Kosovo  11/08/09

Serious Coalition Troubles in Serbia

The stability of the Serbian government is seriously threatened by internal feuds, while the Serbian Progressive Party (SNS) consolidated its dominance in the opposition....
Poland  10/08/09

Polish unemployment rate beginning to climb up

Unemployment rose to 10.8% in July, up from 10.7% in June. The not-so-significant change seems to be the beginning of a trend in Polish employment. The Polish Labour Minister Jolanta Fedak expects the...
Albania  04/08/09

New Croatian PM Facing the same problems as his predecesssor

The new PM Jadranka Kosor is facing largely the same problems as his predecessor, such as economic slowdown, fight against corruption and organized crime, and EU accession. ...
Bahrain  31/07/09

Jobseekers Demonstrate in Bahrain

Unemployed Bahraini education professionals have been demonstrating for lack of employment opportunities. At the same time, there is growing unease about the recruitment of non-Bahraini teachers....

Dubai Issues Second Tranche of Bond Programme

Dubai issued the second US $10 billion tranche of its sovereign bond programme. The vagueness of the announcements accompanying the bond issue raises questions about the health of the Dubai economy....
Bahrain  31/07/09

Kuwait to Abolish "Kafeel" Sponsorship System

Kuwait announced that it will abolish the "kafeel" system of sponsoring foreign workers. The system is widely practiced in all the GCC and it is described by critics as "modern slavery". ...
Poland  29/07/09

Disagreements between Tusk and Kaczyński hinder budget-controlling efforts

The rising Polish budget deficit pits the PM and the President against each other. Disagreements and political fights endanger the curbing of the deficit....
Romania  29/07/09

Corruption Charges Amid Economic Woes

Romania’s economic outlook has not improved, and the budget deficit is becoming a concern for more economic players, and corruption charges against ministers do not help either....
Albania  22/07/09

IMF Deal at Risk in Bosnia and Herczegovina

The stand-by agreement with IMF is jeopardized by the FBiH government’s inability to agree on budget revision....
Albania  21/07/09

The Bosnia and Herzegovina Stand-by Agreement with the IMF is in Question

The BiH stand-by agreement with the IMF is jeopardized by the FBiH government’s inability to agree upon budget revision. ...
Romania  09/07/09

Campaign in Romania Gears up amid Bleak Economic Outlooks

Romania’s economic outlook remains bleak in 2009. Published reports expect a 7% GDP drop. The coming presidential election campaign casts doubt on the implementation of all the necessary steps....
Kosovo  19/06/09

Unsolved Name Issue Plague Macedonian Government

Unsolved name issue might cause turbulence within the government,ethnic Albanian Democratic Union for Integration (DUI) might leave the government before the end of the year....

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Unabashed Viktor Orban stands firm on migrants (September 4)

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