European Union

EU Member States' GDP: A Closer Look at Europe's Economic Strength and Diversity (2014)

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The European Union (EU) is a massive economic force, with a combined GDP that would make it the world's largest economy if it were viewed as a single entity. However, it is important to remember…


GDP Per Capita in European Union 2013

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Back in 2013, the European Union (EU) was a political and economic union of 28 member states that were located primarily in Europe.  While the European Union consists of 28 member states. Some would…


Minimum Wages in European Union 2014

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The minimum wage is set by the government as the minimum standard of guaranteed income (hourly/monthly) that a worker should receive for the work he/she performs. In 2014, there were 22 countries out…


Georgia Plans To Have Full membership in EU in 5-10 Years (2014)

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Recently Georgia signed Association Agreement with EU, which includes Free Trade Agreement with the EU as well. Georgian Politicians were so happy, that they rushed to announce some great plans - and…


GDP per capita in Ukraine: Past, Present, and Future (2014)

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The Ukrainian economy has struggled to reach its full potential, with a GDP per capita of $3,866 thousands in 2012. Despite recent developments, such as the signing of the Association Agreement with…


Georgia and the EU: Deepening Ties through Association Agreement (2014)

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Georgia, a small country located in the Caucasus region, has recently signed an Association Agreement with the European Union (EU). The agreement, which was signed on June 27, 2014, aims to deepen…


Romania: An Overview of its Economy and EU Membership (2014)

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Yesterday I took a brief overview of Moldova, and today I'm eager to dive into the neighboring country of Romania. Romania is a full-fledged member of the European Union since 2007, together with…


How Moldova's Visa-Free Regime is Driving Economic Growth and Integration with the EU

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Moldova is a small, landlocked country located in Eastern Europe. Despite its size, Moldova has a rich history and culture and is home to a diverse population of over 3 million people. In recent…


Europe's Energy Security at Risk: The Role of Ukraine in the Gas Supply Chain​​​​​​​

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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…


The Eastern Partnership Summit and Ukraine's Decision to Not Sign the Association Agreement with the EU (2013)

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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…