On Sunday, October 26, the European Central Bank (ECB) will release the long-awaited results of its bank stress tests. Mirroring the action taken by the United States Federal Reserve in 2009, these examinations are meant to determine once and for…
On Thursday, EU diplomats will consider increased Russian sanctions. The sanctions include a proposal to ban all Europeans from purchasing any new debt or stock issued by Russia’s largest banks, according to the Financial Times, and FSG’s Head of Research for EMEA says it’s time for multinationals…
European foreign ministers gathered in Brussels on Tuesday. Associated Press The EU has decided to impose more sanctions on Russia. For now, these fall short of the so-called Level 3 sanctions that could be against whole sectors of Russia’s economy…
The latest rounds of EU and US sanctions against Russia fall short of imposing restrictions on entire industries, but they do have a number of hidden spillover effects for Western multinationals operating in the market. Beyond the obvious impact on…
As MNC executives responsible for Western Europe dissect the events unfolding in Ukraine’s Crimea region, they will fall under more pressure to digest mounting media news and interpret current events’ impact on their business. To address the localized impact of…
Trend Turkey’s economy is growing at a slower pace than it did in H1 2011, a trend that will become more pronounced through 2012 Drivers Demand for Turkish exports is slowing as the sovereign debt crisis drives recession in the…
What happened? In 2008, banks stopped lending as they were forced to use capital to absorb losses from deteriorating investment portfolios. When lending dried up, business struggled, industrial production contracted, and jobs were lost. Job loss drove the consumer into…