Tag Archives : Eastern Europe

Large-scale Russian rearmament:  shades of the ‘Cold War?’

Large-scale Russian rearmament: shades of the ‘Cold War?’

Russian President Dmitri Medvedev announced that starting 2011, his country will begin large-scale rearmament of its armed forces and military infrastructure. This decision was spurred by what has been observed as NATO’s persistence to assert its presence on Russian borders. Medvedev said that NATO’s resolution to keep close to Russia’s borders [...]
Pay a Visit to the Vampires of Bucharest

Pay a Visit to the Vampires of Bucharest

Eastern Europe has many hidden gems that most people are not aware of. One such is the city of Bucharest that people have associated with homeless children and gypsies. Bucharest is an elegant and chic city that is modeled after Paris and was in fact known as the Paris of the East. This Romanian capital is as beautiful as a medieval European city can [...]
Places on the Brink of Bankruptcy

Places on the Brink of Bankruptcy

Problems on both sides of the Atlantic have similarities, but also a few differences. In the US, high debt and the housing bubble are the main reasons for worry. Old Europe, for its part, has been showing weakness of the euro as it struggles with large debt. Eastern Europe and the US states of Kansas and California lead the list of economies having [...]