EU
North Macedonian renewables policy will survive poll
May elections may change the government but probably not renewables’ role in the next phase of energy transition
North MacedoniaEU will target third-country firms' Russian exports
The EU is considering targeting firms from third countries in a new sanctions package
RussiaEU fiscal reforms will reinforce regional divergence
Reforms to the Stability and Growth Pact will limit spending for high-debt countries
EUThe EU will encounter obstacles in the South Caucasus
The EU has attempted to intensify its engagement in the South Caucasus, with varying degrees of success
CaucasusEU is unlikely to achieve new climate target
The European Commission wants to the bloc to cut emissions by 90% by 2040
EULong-delayed Romanian motorway will help Ukraine
A 450-kilometre route through eastern Romania will help to export Ukraine’s grain and bypass neighbours’ blockades
RomaniaSouthern resilience may cushion the euro-area downturn
The euro-area services PMIs saw the Southern economies outperforming the North, though the UK PMI was strong
InternationalDigital euro will launch but perhaps later than 2027
Plans for the digital euro see a 2027 launch but the ECB still needs to win support from commercial banks and citizens
International