2023 in Hungarian Economics: a difficult year? Outlooks in Energy and Military spending
Comparing the second quarter of 2022 with the previous quarter – according to the European Commission - , Hungary's gross domestic product increased by 1.1%. However, consumer confidence indices have deteriorated and monthly data point to a decline in consumption, housing transactions, construction activity and loans. Higher inflation and energy…
B.F.G. Fabrègue2023-01-31
Serbia: the rope of a much bigger tug of war game between West and East
The Western Balkans have long served as a geopolitical ‘chessboard’ between Russia and the West. The region's protracted EU accession process and current enlargement fatigue provide Russia with a rare opportunity to further expand its influence in the region, ultimately weakening the functions of the EU and NATO. While Russian…
Andrea Bogoni2023-01-24
Poland’s role in the Intermarium idea
“Who rules East Europe commands the heartland, who rules the heartland commands the World-island, who rules the World-island commands the World”. These are the exact words used by renowned British geopolitician Halford Mackinder to convey the significance of the region situated in the eastern portion of the North European plain,…
Henrique Horta2023-01-11