Romania is a relative newcomer to the European Union. A member of the EU since 2007, Romania is still often thought of as a country that is poor, corrupt, with dysfunctional public institutions and inefficient industry, a country that has yet to emerge from the shadows of its past. In reality, Romania is gradually conquering…
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With Greece again appearing to be edging towards the brink of a “Grexit,” financial markets are sensitive to daily headline news about EU negotiations, and what a potential default would mean now for Greece and EU integration policy.
Read MoreEuropean Union 2015 and Greek elections: Would a Syriza win be good for EU integration?
Anticipation of Greek “snap” elections on January 25th has brought renewed global financial market turmoil as global observers assess the uncertainties around Greek election risk and evaluate the likelihood that the ECB, EU and Greek leadership can manage to avoid yet another EU integration policy crisis, or even the unlikely event of a Greek “exit.”
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