EU Climate Commissioner Connie Hedegaard showed her excitement when Australia recently signed up for a second round of emission reductions with the Kyoto Protocol. Neighboring New Zealand, however, is joining a separate convention and forgoing the Kyoto choices. New UN climate negotiations are scheduled to start in Qatar this month with a planned discussion of…
The Race to Invest in Greece’s OPAP
Greece is set to sell off a number of major assets in an effort to curb their drastic recession and stick to their austerity plan. The first major sales will include gambling company OPAP, state gas business DEPA and a number of real estate projects. These sales are projected to be completed as early as…
Meeting Between ASEAN & The EU
Today, the finance ministers who come from the countries of the Association of South Eastern Nations (ASEAN) will meet in Bangkok with those from the EU. The goal of the meeting is to increase trade and investments between the two as the EU attempts to exit from the Eurozone’s sovereign debt crisis. The expectation is…
Eastern European News
Lithuania Propels into Fintech
Lithuania is fast gaining a reputation for being the most accelerated Fintech hub in all of Europe. It features year-on-year 40% growth in the area as well as a burgeoning talent base and quite unique regulatory route. This has rendered it Europe’s largest e-money license issuer. As such, large names are flocking to the area…
Business in Europe: Best Countries Report
Yesterday the European Chamber (EUCHAM) put out a report of “rank[ing] and analyz[ing] all 46 European countries according to their economic environment.” In brief, it was found that the list toppers were those from the Nordic regions (Denmark, Finland, Norway and Sweden). Next on the list was the UK. While in general the FSU countries…
