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As the twin fiscal and public debt crises unfold in Greece, neighboring countries in Southeast Europe are anxiously trying to determine how they will be affected by developments in Athens. In light of Greece’s track record of foreign direct investment, its foreign policy focus on the region and its growing trade volumes with neighboring Serbia, […]

Posted by Bastian Jens

Last month Secretary of State Hillary Rodham Clinton warned that Iran was turning into a “military dictatorship,” as the Iranian Revolutionary Guard Corps (IRGC) was steadily assuming more and more power within the country. The image of Iran as a threatening and militarized nation, ruled by an irrational regime and intent on destroying Israel, would […]

Posted by Couloumbis Theodore

Being a citizen of a country that seems to be facing fire from all angles, I feel the duty if not to help, at least to take the time and read about what is going on in the Member State I live in. That is how I stumbled upon something that my basic understanding of […]

Posted by Patavou Katerina

There is little new in this round of discussion of a new financial transactions tax (FFT). One exception is that some prominent European leaders have expressed support for it. Although the agreement is broad brush and does not contain important details. Another is that relatively more of the discussion is focuses on the notion of […]

Posted by Dodd Randall

A specter is haunting the European Commission in Brussels and the European Central Bank (ECB) in Frankfurt. Greek Prime Minister George Papandreou has repeatedly stated during the past weeks that he would not rule out turning to the International Monetary Fund (IMF) for possible financial assistance should the need arise and European solutions prove futile. […]

Posted by Bastian Jens