I wanted to read irrefutable evidence that the Russian economy had suffered deeply and perhaps irreversibly from the war. As I kept reading the report, my hopes fell flat. This is nothing more than an academic propaganda pamphlet.

Government officials have carefully ignored the need for more fiscal conservatism. Looking at the threat of a new debt crisis, investors and taxpayers alike expect nothing more spectacular from their current leaders than a new round of put-out-the-fire austerity packages.

The socialist welfare state is inherently unaffordable. It destroys its own tax base and leads to economic stagnation.

The inflation rate dropped from June to July in five countries.

Last year, Serbian protesters, reacting to the Kosovo government forcing their license plates onto vehicles with Serbian plates, had blocked border crossings with Serbia.

Once fully operational, the plant is expected to deliver 10% of Turkey’s domestic electric needs.

Government officials, elected and unelected, increasingly see democracy as an inconvenience, even an obstacle. How far down the current path does Europe have to go before the Italian example from a century ago becomes a case of retroactive clairvoyance?

Commissioner Várhelyi specifically mentioned the western Balkans as a target of EU enlargement.

The first target of the Hungarian parliament’s adopted budget is to sustain the regulated utilities price scheme, the second is to strengthen its military defense.

According to multiple sources, the Uniper bailout will not prevent a rise in energy prices, specifically on natural gas.

While some media sources claim that Russian exports to Asian markets have fallen, others point in the opposite direction.

For the EU as a whole, total government debt declined from the fourth quarter of last year to the first quarter of 2022. Three countries with large deficits saw significant improvements, and twelve experienced a reduction in their deficits.