Business & Economics

Retailing in Azerbaijan: Key Trends and Developments

By Marija Milasevic, Analyst at Euromonitor International The Azerbaijani economy experienced a positive trend towards the end of 2009-2013. Real GDP grew by almost 6% in 2013. Officially, unemployment in Azerbaijan in 2013 was 5%. Despite improvement in economic conditions

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Europe’s Energy Future is in Gas and in Central Asia

By Günther Oettinger, EU Energy Commissioner Europe is waking from a prolonged recession. Growth is back. Looking forward, we can see that Europe’s prosperity, our competiveness, rests on getting all the elements of a successful economy right. Sufficient, reliable and

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Banking Sectors in the Post-Soviet Countries

By Richard Hainsworth During the last years of the Soviet Union, each of the republics (now independent states) were subtly different whilst sharing much in common. Now each of these states are quite different, whilst sharing subtle common traits. Their

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Telespazio Today is a Leading Player in the Space Market Worldwide

An interview with Mr. Luigi Pasquali, GEO, Telespazio AT: Mr. Luigi Pasquali, could you please tell us about the activities of Telespazio how was it created, what path of development has it travelled and what sort of achievements does it

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AZERFON is an Integral Part of IT Sector Development Azerbaijan

An exclusive interview with Mr. John Armley the General Director of “Azerfon” AT: Mr. Armley, thank you much for agreeing to meet with us. We would like to start this interview by asking you to tell our readers about your

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Azerbaijani Role in European Energy Security

By Rasa Vaiciuniene, Industry Analyst at Euromonitor International With over 40 million tonnes of crude oil output per annum, Azerbaijan is one of the largest oil producers and exporters in the Middle East. However, after the discovery of the Shah

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The Investments are Based on a Broad Diversification Across Asset Classes, Countries, and Sectors

An interview with Mrs. Hilde Singsaas, State Secretary, Ministry of Finance of the Norway AT: What can you say about the role of oil revenues and perspectives in Norwegian economy? Does the increasing oil-gas revenue from these sources impede the

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I Want to Share My Experience with People

An interview with the General Director of “Koray Inshaat”, Zeynel Abidin Erdogan. AT: In a short span of time Turkey has become one of the leading countries in the world because of the development of its economy. What is the

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Do We Need State Owned Banks in Transition Economies?

By Rafael Abbasov Over fifteen years after the collapse of Soviet Union one may question: “why are some state owned banks still alive? Do we need these state owned banks in transition economies?” These are central questions to be carefully

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Nabucco Gas Pipeline

Exclusive Interview With Mr. Reinhard Mitschek, Managing Director of Nabucco Gaz Pipeline Project AT: Could you please brief our readers about the Nabucco project, its purpose and participants? Nabucco Gas pipeline will construct a pipeline bridge between the valuable gas

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