Monthly Report No. 5/2014


Rumen Dobrinsky, Gabor Hunya and Sandor Richter

wiiw Monthly Report No. 5, May 2014
26 pages including 18 Tables and 2 Figures

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  • Graph of the month: Ukraine and Russia: shares in exports and imports of selected countries, 2013, in % (p. 1)
  • Opinion corner: How realistic is the construction of the South Stream pipeline in the present circumstances? (by Rumen Dobrinsky; pp. 2)
  • Bulgaria and the Russia–Ukraine conflict: rising risks for energy supplies and big investment projects (by Rumen Dobrinsky; pp. 3-6)
  • Romania and the Russia–Ukraine conflict: little affected by potential trade and investment disruption, more by political escalation (by Gábor Hunya; pp. 7-10)
  • Bilateral trade between Bulgaria and Romania: the upturn after EU accession (by Sándor Richter; pp. 11-13)
  • Recommended reading (p. 14)
  • Statistical Annex: Selected monthly data on the economic situation in Central, East and Southeast Europe (pp. 16-25)




Reference to wiiw databases: wiiw Monthly Database

Keywords: foreign trade, dependence, trade, FDI, energy, transit, sanctions, Bulgaria, Russia, Ukraine, escalation, trade, EU accession

Countries covered: Bulgaria, Central and East Europe, EU-27 (2007-2013), Romania, Russia, Southeast Europe, Ukraine

Research Areas: International Trade, Competitiveness and FDI, Sectoral studies