European Union

Ukraine has long been at the center of a geopolitical tug-of-war between Russia and the West, and the country's energy sector has been a key battleground in this ongoing conflict. The latest chapter in this story revolves around Ukraine's gas supply, which has become a major point of contention between the country and its neighbors. Ukraine is heavily reliant on gas imports, with more than half of its natural gas coming from Russia. This dependence has been a source of tension between the two…

As I previously wrote, Ukraine has made the controversial decision to not sign the association agreement with the European Union (EU) at the Eastern Partnership summit in Vilnius. The issue of signing the agreement had been a topic of much speculation and intrigue, with Ukrainian representatives giving mixed signals about their stance on European integration. The Eastern Partnership is a project that aims to bring the EU and its six Eastern neighbors, including Ukraine, closer together. The…

That said makes me think, that Turkey has no serious plans to join Eurasian Union. IMHO Turkey is teasing European Union. And why shouldn't? Turkey has long, long history on it's attempts to join European Union, but there always are some obstacles from EU side. And that makes Turkey angry. From one side - EU is feeling fears, if Turkey will join EU, then mass migration of Turkish job seekers will over flood EU, on other hand it sounds kinda ridiculous. Germany, the main country against Turkey…

The European Union, with 28 member states and a population reaching over 500 million, may sound like the world's largest economy when viewed as a whole. In 2012, the EU's GDP was $16.6 trillion. But let's break things down and take a closer look at what makes up the European Union. In this article, I will talk about the smallest economies in the EU. The Smallest economies of the European Union: I decided to call an economy small if its Gross Domestic Product is less than $100 billion. In…

Germany is the largest economy in the European Union, accounting for more than 3 trillion USD GDP nominal. This gives us a clear indication that if we can forecast the German economy, we can also forecast the economy of the European Union and even the Euro Zone. Understanding the economic landscape of Germany is crucial, as it is a dominant player in the EU, with a significant impact on the overall economic health of the region. The chart above showcases the GDP nominal of Germany compared…