Europe & Eurasia

UK Looks to Pad Defense Spending Data

By Elizabeth Rigby and Sam Jones, Financial Times

David Cameron has asked ministers to investigate if the intelligence agencies budget can be counted as “defence spending”, as Downing Street eyes creative accountancy to head off US criticism of military spending.

Ukraine’s Shrinking Hryvnia: How Alarming Is It?

By Yuriy Gorodnichenko

Kyiv Has Begun the Hard Steps of Reform; IMF and Allies Must Now Deliver Quickly The dramatic plunge last month in the value of the hryvnia, Ukraine’s currency, sparked speculation about an immediate, national economic collapse. Despite the drama—the hryvnia lost more than half of its value against the dollar in February, hitting a record […]

Calls in Germany Grow to Reverse Cuts to Army

By Anton Troianovski, Wall Street Journal

[A] chorus of leading German politicians is saying the Ukraine conflict calls for boosting military spending—until recently, a political taboo.

How will a €1.1 trillion bid to energize the eurozone economy work?

By Ashish Kumar Sen

QE benefits will depend on ‘many factors exogenous to monetary policy,’ says Atlantic Council’s Roscini The European Central Bank (ECB)’s €1.1 trillion attempt to energize the eurozone economy will have several positive effects, but these will depend on “many factors exogenous to monetary policy,” says the Atlantic Council’s Dante Roscini. The ECB this week began […]

Ukraine’s Drone Warriors

By Patrick Tucker, Defense One

The Aerorozvidka project is one example of what you might call a war startup.

How Many Russians Are Fighting in Ukraine?

By Mark Urban, BBC

The Kremlin has denied its forces are directly involved in combat, but the latest estimate by US Lt Gen Ben Hodges, commander of the US Army in Europe, says 12,000 Russian troops are operating inside the neighbouring country.

Herbst Testifies to Senate Committee on US Policy in Ukraine

John E. Herbst, Director of the Atlantic Council’s Dinu Patriciu Eurasia Center, will testify on “US Policy in Ukraine: Countering Russia and Driving Reform” before the Senate Foreign Relations Committee at 10 a.m. on March 10.Watch here. Read testimony here.