The Vostok Report
News Summary

The Vostok Report

The news to 12 May 2013 A parliamentary election in Bulgaria marked by low turnout and widespread apathy has returned a hung parliament.  GERB, the governing party, remain the largest faction but suffered the loss of between ten and twenty seats. Coalition building is expected to be a laborious process. Source: Reuters The World Jewish … Continue reading

A new Governor for a new era?
Analysis

A new Governor for a new era?

Hungary’s Prime Minister Appoints a Controversial New Central Bank Governor. Lili Bayer assesses the Governor-to-be. Even Eurozone Finance Ministers would probably concede their sympathy to András Simor, the outgoing governor of the Hungarian Central Bank. Over the past six years, Mr Simor has had to face the Euro crisis engulfing Hungary’s largest economic partners, while … Continue reading