Views:4004
theresa may

  A quick snap analysis on the likely outcome of the UK’s National Security Council meeting, presided by British PM Theresa May, today regarding sanctions on Russia, leads to grim conclusion and more than a wartime rhetoric. This is probably the most evident proof of the weakened geopolitical posture of Britain following the Brexit. While NATO’s coordinated response – Britain can still invoke article 5 – is still the first and preferred option – EU’s coordination is essential as effective responses lie beyond the military spectrum – in what hurts Putin most – money and image.   A boycott of the Moscow World Cup seems almost inevitable. I can’t simply see England’s team playing soccer at the Luzhniki pretending business is as usual. If they leave – other’s will follow

Views:1610
europa

Sorry, this entry is only available in Bulgarian.

Views:4470
theresa may

  “We must be careful not to assign to this deliverance the attributes of a victory. Wars are not won by evacuations.” Winston Churchill, Speech after the evacuation of the British army at Dunkirk, 4th June, 1940   Article 50 of the TEU has been activated and the UK and the EU are entering the actual stage of Brexit negotiations and so preparing to write a new page in the history of international relations. Whatever happens in these negotiations, it will go into the textbooks because there is no precedent in history. For both parties, this is a huge quake and managing it properly is a matter of political survival. Theresa May is trying to get back on her feet after a weak and compromising performance at the recent election which she called to strengthen her support. Now

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merkel_trump

    The future of the European Union remains in question. Crucial national elections during 2017 in Germany and France will help determine whether the crisis is existential. In this uncertain context, German Chancellor Angela Merkel sought a clearer position from the White House regarding US-EU relations during her visit to Washington in March, especially as America’s support for the European project lies at the core of trans-Atlanticism.     Thus far, President Donald Trump’s administration has sent mixed messages: both Euroskeptic and Eurosupportive. Trump’s criticisms of the EU and his backing for “Brexit” unsettled Europe’s leaders amid concerns that America was less dedicated to a trans-Atlantic partnership. However, members of Trump’s cabinet have also reassured their EU counterparts that the US remains committed to an integrated Europe. It appears

This entry was posted in Europe and tagged , , , , by Janusz Bugajski.

About Janusz Bugajski

Janusz Bugajski is a Senior Fellow at the Center for European Policy Analysis (CEPA) in Washington DC and author of 20 books on Europe, Russia, and trans-Atlantic relations. His newest book is co-authored with Margarita Assenova and entitled Eurasian Disunion: Russia’s Vulnerable Flanks (Washington DC: Jamestown Foundation, 2016)
Views:2315
xenophobia

  Xenophobia – the fear of foreigners – has always been a serious problem for humanity. In the EU today, however, it is outweighed by xeno-xenophobia – the fear of the fear of foreigners. European elites, eager to promote ever-greater union and reap more of the benefits of globalization, decry their citizens’ ambivalence on immigration. Unlike Hillary Clinton, they don’t openly describe a quarter of their populations as despicable, irredeemable haters. Yet, European elites are even more fearful of public hate boiling up and exploding. They see the ghosts of 20th century fascism and world wars.   Unfortunately, the public has cause for ambivalence. On the one hand, it revels in an unprecedented combination of peace, advanced technology, economic prosperity, and cradle-to-grave protections. On the other hand, that combination is

This entry was posted in Europe and tagged , , , , , by Kent Osband.

About Kent Osband

Dr. Osband is an American economist, strategist, financial risk analyst and longtime student of Bulgaria. He is the author of two well-known books on quantitative risk analysis (Iceberg Risk: An Adventure in Portfolio Theory and Pandora Risk: Uncertainty at the Core of Finance) and has served both in the public (IMF, WB) and private sectors (Goldman Sachs, CSFB, Fortress Investments).
Views:2135
jb-march-2012-1

  Following the US elections, the Brexit vote, and the rise of non-conventional parties throughout Europe, the populist wave is sweeping both sides of the Atlantic. Populism is a revolutionary movement, but unlike its 20th century predecessors, such as communism or fascism, it eschews violent rebellion and favors a democratic replacement of incumbent governments.   Traditional and mainstream political parties need to learn lessons from the rise of populism rather than simply condemning the phenomenon and bemoaning their election losses. Ultimately, populism can contribute to democratic development by exposing the fissures, frustrations, and failures in Western societies, by involving new players in the political process, by reconnecting politicians with the populace, and by energizing the electorate to view politics as the responsibility of every citizen.   In its essence, populism

Views:1534
EU Brexit

  The Brexit referendum held on June 23rd, 2016 dealt a severe blow to the very foundation of the European project. Focused on the Euro crisis, financial and resulting political problems in the European South and mass migration to Europe from the Middle East – which, by the way, for Europe is the Near East! – European politicians inadvertently let the European project be submerged and overtaken by national, indeed nationalist, politics.   That European elites – and even High Street punters – misjudged or underestimated the spreading wave of discontent among the diminishing and gradually impoverished middle classes, among workers left behind by deindustrialization, globalization and technological progress, among the young NEET’s, for whom free movement is associated with “people coming here and taking our jobs and benefiting from

This entry was posted in Europe and tagged , , by Ludmil Garkov.

About Ludmil Garkov

Ludmil Garkov is a finance professional with 20 years of experience in strategy and management consulting, corporate finance and M&A at Deloitte, ContourGlobal and MonuRent. He was CEO and CFO of manufacturing and construction entities in Bulgaria, as well as instructor of the Financial Modeling and Business Valuation course for the Investment Banking Institute (US). He is a Chartered Financial Analyst (CFA), a Master in Energy and Environmental Economics and Management from the School of Higher Studies Enrico Mattei in Milan, Italy, as well as a BA in Business Administration and Political Science/International Relations from the American University in Bulgaria.
Views:2444
protest_

The Brexit and “Trumpit” movements share many similarities. Both played on discomfort with globalization and immigration. They were portrayed in the media as ignorant, reactionary, and racist. Neither seemed more than minor threats at first, their leaders too inept or buffoonish to last. The very rich, the very young and the very hip generally abhorred them and still do. The more support Brexit and Trump gathered from others, the more the media emphasized their vileness and demagogy.   Between media headwinds and their own stumbles, neither Brexit nor Trumpit gained a clear majority in pre-election polls. Even their backers expected them to fail. However, closet support and disproportionate turnout provided an extra 3%, enough to push them over the top.   How? Brexit and Trumpit struck deep chords with the

Views:2347
fasada4

Sorry, this entry is only available in Bulgarian.

Views:1843
eu

  It was with great fanfare that the EU announced its Bratislava meeting last Sept. 16 as a crucial get together of its leaders to take stock of the state of the union after Brexit and the turbulent year in which more than a million migrants came to Germany alone. In previous meetings of the kind, the operational mantra had always been “ever closer union” as the panacea for all problems. Not this time. The meeting started with Angela Merkel, the real boss of the EU opining that the EU was in a “critical situation” only to be mildly contradicted a day later by Junker who said in his state of the  union speech that the EU was not disintegrating. It is possible that both of them were right, but