Estonia Boasts Lowest Government Debt in EU

Estonia boasts the lowest government debt in the entire European Union. In case anyone from Germany is reading this and scowling, it is worth adding that Estonia’s numbers were also the lowest by percentage of GDP.

Armenia Plays a Dangerous Game, Flirts with Customs Union

Culturally, Armenia is closer to Russia than it is to Europe as a whole, and proximity and the relationships of their respective ruling classes make a closer union between the old Soviet states more likely than not in the long run.