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Prosecutors said they had frozen KGMI assets and stakes worth 3bn lei ($740m). The probe comes as part of a broader clampdown on corruption in Romania, which has seen high-ranking officials, including former prime minister Adrian Nastase, jailed for graft.

Energy partnership between Romania and Kazakhstan ”vital” for EU energy policy

By: EBR | Monday, August 22, 2016

The EU’s efforts to diversify its energy and keep Romania as one of only five EU countries with output greater than 1 Mt per year risks being thrown into reverse by the authorities in Bucharest "aggressively" pursing a prosecution against the country's second largest producer, it has been claimed

Both candidates are clearly facing a serious image problem. Never before voters had a bigger aversion to both presidential candidates since 1960 according to data of researcher Gallup, the Wall Street Journal published recently.

The battle between Hillary Clinton and Donald Trump

By: EBR | Monday, August 22, 2016

Two and a half months to go for the ticket into the White House. Polls are looking tough for Trump and, being once a favorite Trump topic at his boisterous campaign rallies, are now a sore subject

ADF 2016: Religion, Migration, Power + Money

By: EBR | Thursday, August 18, 2016

European Business Review (EBR) magazine is proud to partner once again with The New York Times Athens Democracy Forum (ADF) 2016: a week-long selection of spectacular events under the Acropolis lights.

Trump rallied against free trade agreements, in itself not a very Republican point of view. The Democratic candidate Bernie Sanders went on the same track. Trump criticised NAFTA, the free trade agreement between the US, Canada and Mexico, as death-blow for American workers. Since NAFTA, launched by President Bill Clinton, a third of the US jobs in manufacturing disappeared. The origin of the American dream is job security. America has less social security than Europe.

Can Trump win? Yes, he can!

By: EBR | Thursday, July 21, 2016

Donald Trump, lifted on the shield by the Republicans in Cleveland, is underestimated permanently

A coup which, as has been shown from its live broadcast, had an operatic status, bloody dramatic of course and which, concluded to the Turkish president’s absolute domination and his enemies’ extermination.

Inquiries concerning a bloody and stagy coup

By: Athanase Papandropoulos | Wednesday, July 20, 2016

"Is the Islamist president of Turkey determined to go to great lengths, in order to consolidate his power and ensure his permanency?

Under these circumstances, the role of education systems has changed and this process will continue, toward more freedom of the educational landscape. To thrive in a rapidly evolving technology-mediated world, students must not only possess strong skills in areas such as language arts, mathematics and science, but also to be adept at skills such as critical thinking, problem solving, persistence, collaboration, and curiosity. However, all too often students in many countries are not attaining such skills.

Freedom of education in a transformed world

By: Athanase Papandropoulos | Tuesday, July 19, 2016

We stand at the brink of a technological revolution that will alter fundamentally the way we live,work and relate to one another

Weber, who hopes to raise greater awareness of the “terrorist and criminal elements” linked to the trade in ivory, said, “There has been a terrible decline in elephant numbers in Africa – a report by Interpol estimates that, in the past 10 years, two thirds of African elephants have been decimated by poaching.”

Nature conservation organisation: Trade in elephants ivory helping to finance terrorists

By: EBR | Tuesday, July 19, 2016

Groups like Boko Haram and Al Shabaab are making an estimated $600,000 per week from the proceeds of poached ivory

To be sure, President Obama’s waning interest in Europe or the continued success of its union – unusual among postwar U.S. presidents – has not been helped by picayune leaders in Europe. Other than Angela Merkel, who nevertheless sees everything through domestic German eyes, the current crop is the most unimpressive generation of elected European political leaders since the 1930s.

Obama’s farewell to Europe

By: EBR | Monday, July 4, 2016

Is the 44th U.S. President burying the Euro-Atlantic alliance?

Only 37 percent of Republicans think our global economic involvement is a good thing because it expands markets and boosts growth, compared to 55 percent who think it’s a bad thing because it eliminates jobs and squeezes wages. By contrast, 49 percent of Democrats favor our current global economic engagement, compared to 44 percent who question it.

Is Trump out of step with Americans on foreign policy?

By: EBR | Wednesday, June 29, 2016

Donald Trump’s emergence as the Republican Party’s presidential nominee represents a frontal challenge to every building-block of Ronald Reagan’s conservative coalition—limited government, social conservatism, and democratic internationalism

Civil society across Europe has mobilised through social media, and we have seen that decentralised services are possible and effective. Individuals in Europe connected directly with people on the move. Helpers and goods were dispatched when and where needed, although at times exceeding requirements.

Technology has changed migration forever

By: EBR | Tuesday, June 28, 2016

The one million people who came to Europe over the past twelve months certainly achieved the goal of raising attention

In the US, the battle concerns the proposed Marketplace Fairness Act which is intended to let states collect sales taxes from online retailers even when they have no physical operations within the state. A version of the bill failed in the last Congress and is stalled in the current one.

Multi-billion dollar online gaming industry presents a taxing problem for governments

By: EBR | Thursday, June 2, 2016

Well away from the headline-grabbing diplomatic tensions over the Middle East, Nato and Ukraine, policy makers of the East and West share something even they may not be fully conscious of -- the challenge of taxing global business

In Western eyes, Russia gave up on democracy and modernization and cooperation with the West.

The clash of narratives between the West and Russia

By: EBR | Thursday, May 26, 2016

On January 14, Germany’s Foreign Minister Frank-Walter Steinmeier gave his inaugural speech to the Organization for Security and Cooperation in Europe (OSCE), which Berlin will chair during 2016

Netanyahu, on the other hand, is a preserver. Some tend to think that his foot-dragging is designed merely to secure his own political survival. I believe he has deeper motives: He regards the state he inherited from his predecessors as a treasured deposit, not to be endangered by bold moves.

Benjamin Netanyahu is no David Ben-Gurion

By: EBR | Monday, April 25, 2016

Israeli Prime Minister Benjamin Netanyahu has ruled Israel for 10 years, second only to David Ben-Gurion, founder of the state of Israel, whose accumulative terms spanned over 13 years. It is tempting to compare one leader to the other

The result of the survey is a clear message for President-elect Tsai Ing-wen, who will be inaugurated on May 20. For obvious reasons Tsai hasn’t unfold yet her policy regarding the cross-strait relations. But she said recently that ‘there is a big gap between the will of Taiwan people and the mainland expectation’.

Majority in Taiwan support cross-strait status quo: a clear message for President-elect Tsai

By: N. Peter Kramer | Wednesday, April 6, 2016

In a survey* released the end of March 87% of the Taiwanese people prefer maintaining the status quo between the two sides of Taiwan Strait.

Clashes between Azerbaijani and Armenian forces continued on Sunday (3 April), despite Baku announcing a ceasefire after the worst outbreak of violence in two decades over the disputed Nagorno-Karabakh region sparked international pressure to stop fighting.

International calls for end to renewed hostilities in ’frozen conflict’

By: EBR | Tuesday, April 5, 2016

The Strasbourg-based Council of Europe has voiced "real concern" at a serious increase in hostilities in the Nagorno-Karabakh conflict.

After his triple victory in Washington State, Hawaii and Alaska, Sanders reiterated that he will not leave the stage quietly.

Bernie Sanders not defeated yet by Hillary Clinton

By: N. Peter Kramer | Tuesday, March 29, 2016

Sanders won momentum after three wins this weekend

In response to Wang’s remarks Tung Chen-yuan, who was deputy head of the Mainland Affairs Council under the administration of DPP President Chen Shui-bian (2000-2008) and is now a professor at National Chengchi University in Taipei, said Wang’s use of the word ‘constitution’ shows to some extent China’s goodwill.

Beijing keeps door open for peaceful relations with Taiwan’s new President

By: N. Peter Kramer | Wednesday, March 16, 2016

Mainland China’s Foreign Minister Wang Yi spoke last week remarkable words

Super Tuesday results exposed some vulnerabilities from Trump: he lost late-deciding voters in many states by wide margins to rival Marco Rubio, a sign that the Florida senator may have had some impact with his withering assault on Trump’s character.

Nov 8, 2016: Hillary versus Donald? Not sure yet

By: N. Peter Kramer | Thursday, March 3, 2016

The results of the Super Tuesday primaries and caucuses gave Hillary Clinton full command of the Democratic presidential race as she rolled to major victories over her opponent Bernie Sanders in Texas, Virginia, Massachusetts, Florida and 5 more states

In May 2015 President Ma proposed the South China Sea Peace Initiative. The principles of this peace initiative are safeguarding sovereignty, shelving disputes, pursuing peace and reciprocity, and promoting joint development.

Taiwan’s President Ma Ying-jeou visit to Taiping Island

By: EBR | Friday, February 5, 2016

On January 28, President Ma Ying-jeou of the Republic of China (Taiwan) took his first-ever trip to Taiping Island in the South China Sea, bringing his Lunar New Year greetings to the 200 coast guard personnel stationed there

Hikmat Hajiyev, spokesman for Azerbaijan′s Foreign Ministry, says that Mogherini′s visit is an opportunity to "usher in a new chapter" in its relations with the EU.

Visit by EU foreign policy chief can ′revitalise′ relations with Azerbaijan

By: EBR | Wednesday, February 3, 2016

Azerbaijan says an upcoming visit to Baku by the EU High Representative for Foreign Affairs and Security Policy Federica Mogherini offers a chance to "re-vitalise" strained relations between the two sides

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EU Actually

Russia and China warn the EU about Euroclear billions

By: N. Peter Kramer

Russian Prime Minister Mikhail Mishustin went on a working visit to Cina. After a meeting with his Chinese colleague Li Qiang in the city of Hangzhou, an extensive press release was published yesterday.

Europe

Can the EU Meet the Trump Moment?

The second term of U.S. President Donald Trump is pushing Europeans to strengthen their capacity for collective action. But their biggest challenge comes from within: U.S.-backed radical-right parties that want to weaken the EU.

Business

China to loosen chip export ban to Europe after Netherlands row

Beijing has said it will loosen a chip export ban it imposed after Dutch authorities took over Nexperia, a Chinese-owned chipmaker based in the Netherlands.