Category: Europe

MPS fails EBA stress test, announces rescue plan For EU banking sector

Event On July 29th Monte dei Paschi di Siena (MPS; total assets of €164.4bn) failed the EU-wide stress test of the European Banking Authority (EBA). MPS’s board approved an emergency plan to sell €27.7bn in gross non-performing loans (NPLs), some to…

The Meaning of Russia’s Naval Deployments in the Mediterranean

Jamestown: Russian ships equipped with the advanced sea-launched Kalibr cruise missile will now be perpetually present in the Mediterranean Sea as part of Moscow’s naval operations connected to the mission in Syria. This is according to Admiral Aleksandr Vitko, the…

Coming Arms Race in the Balkans?

On December 2, 2015, Montenegro was formally invited to join the North Atlantic Treaty Organization (NATO). The military alliance saw its last enlargement round in 2009, when Albania and Croatia were admitted. The acceptance of these states was widely seen…

Operation CUT: Bosnia versus the Islamic State

20Committee: Early this morning, more than a hundred Bosnian special police raided thirteen different locations around Sarajevo, the capital, arresting eleven suspects on a raft of terrorism charges. Those taken into custody are considered affiliates of the Islamic State, the…

Russia plans a ‘hybrid warfare’ campaign aimed at destabilising Europe, says Bulgarian President

Russia has trained its sights on the Balkans to wage a “hybrid warfare” campaign aimed at destabilising the whole of Europe, the President of Bulgaria has warned. He demands that the EU and Nato do more to counter the rising…

Rise of Islamic State Reignites British Radicalization Threat

During much of the 1990s and 2000s, the United Kingdom was the undisputed hub of much of the jihadist radicalization and activism in Western Europe. This was caused by a confluence of factors, including active and entrenched Islamist and Salafist…

Grexit delayed, but not avoided

European leaders have agreed measures with Greece to provide bridge financing and open discussions about an ESM package, subject to upfront conditions being met. The deal addresses most of the immediate risks, but we do not believe it removes the…

The Jihadist Threat in Italy

Publication: Terrorism Monitor Volume: 13 Issue: 11 By: Stefano Maria Torelli  In recent months, a number of incidents have brought attention to the possible threat to Italy from cells or individuals linked to the Islamic State. For instance, since mid-April, some…

A Good Year (So Far) for Europe’s Separatists

The European Union’s (EU) separatist movements have never had it so good. Faltering economic conditions, unpopular austerity measures and ‘out of touch’ governments have combined to reignite secessionism like never before. As a result, separatist fervour has never been so…