Former communist countries don’t like capitalismTwenty years ago the Berlin Wall fell and communism in Eastern Europe crashed down with it. Except, capitalism and democracy are less popular now in Russia, Czech Republic and East Germany than they were in 1991. What, greed isn’t good?
Eastern europe
Latvian economy foreshadows trouble in Eastern Europe
Latvia is the “canary in the coal mine” for the economic future of Eastern Europe. Could the region be headed for a crisis?
Europe’s last dictator
The Western media refers to him as “the last dictator of Europe,” while his supporters call him “bat’ka” (father), but Belorussians prefer not to speak about President Alexander Lukashenko at all. As Natalya confesses, “I’m afraid to talk about him.”
Eastern European banking crisis spreads
President Obama may have signed the huge $US787 billion stimulus package, but financial markets were not taking notice, writes Glenn Dyer.
Japan? No. Try Russia, and the sick men of Eastern Europe
Every economy in the East is tanking: with Russia and the Ukraine probably the most damaged, writes Glenn Dyer.
