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Greece is under pressure to embark on a privatisation programme to help feed financial stability. Despite rhetoric that the country is committed to a privatisation programme, the Greek government is showing signs of hesitation. With investment opportunities to be had, risks still abound for those that do not have the time or patience to navigate negotiations.
Current tensions in Macedonia are contributing to an environment of political uncertainty. Although some are espousing concerns that Macedonia’s plight is contributing to greater regional instability, there are more convincing indications that recent developments are being driven by the former government to delay SJO investigations.
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Nationalism still dominates political discourse in much of the Balkans, and is a major source of political instability. Going hand in hand with illiberal and authoritarian tendencies, nationalism is being used for utilitarian political purposes and appears to be a vehicle for the Kremlin’s low-cost drive to destabilise the EU's projects and interests in the region.
The electoral victory of Vučić in the Serbian presidential elections will directly impact the composition of informal networks surrounding him and his inner-circle. The main determining factor, however, will be the nomination for the new Prime Minister, which will have to balance several domestic and international political factors.
The first visit by a Turkish President to Mozambique has been tainted by the political war between the Gülen movement and the Turkish state.
A sudden schism between Serbia’s President and Prime Minister may turn regular presidential elections into a high-stakes political drama whose outcome will determine the fate of Aleksandar Vučić as the country’s undisputed ruler. It may also carry a signature of Russia’s subtle, but masterful, meddling.
The Port of Constanta is currently under a legal battle that may impact privatisation prospects, and paralyze future investment opportunities. There are indications that a new law is being pushed through to the financial benefit of specific MPs.
The creation of a SWF in Turkey will inevitably have an impact on the Turkish economy; but is most likely to be used to reinforce the informal elite networks surrounding Erdoğan.
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Public enterprises represent a large part of the Serbian economy, and a vital instrument of informal power in the hands of political elite. Amongst other things, it has been used to instil and reward loyalty among officials and apparatchiks.
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This piece disentangles the economic and political consequences of the investment agreement between Serbia and the UAE. Recent cooperation highlights opacity and concerns regarding questionable business practices.
The AKP has bet on gold exploitation and commercialization to avoid an oncoming banking crisis. Turkey currently is the 4th world consumer of gold.
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Serbia under Aleksandar Vučić exemplifies a state where political and economic interests collude. Vučić governs through a system of entrenched loyalties, driving Serbia towards a personalized democracy.
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