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Uncategorized

Comparing 1939 and 2014: Is this already war?

Seventy-five years ago this week, people in Europe and most of the world woke up to ominous newspaper headlines: “German Army Attacks Poland; Cities Bombed, Port Blocked; Danzig is Accepted into Reich”, “War! Nazi Bombs Rain on Polish Cities”. This was the start of the Second World War. […]

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European Union

Calculations of Russia’s import embargo: EU set to lose EUR 5 billion per year

According to calculations carried out by the Netherlands-based ING Group, restrictions imposed by Russia on food imports from the European Union may cost the EU USD 6.7 billion (EUR 5.0 billion) per year, RBC Daily reports. […]

Siim Kallas
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Estonia’s Kallas: Sanctions will hit Russia harder than recoil for EU

In an interview in Eesti Päevaleht over the weekend, largely focusing on EU-Russia ties and developments in transport, outgoing European Commissioner for Transport Siim Kallas said that although Russia acts like it doesn’t need the EU or Western banks, the country would not be able to go it alone. […]