Iceland's recovery will be tough to sustain

ANALYSIS: The end of Iceland's nine years of capital controls on Tuesday is an occasion to celebrate for Icelandic businesses. Yet Iceland may still need a relatively closed financial market for that recovery to stick.

Is Europe caving to Russia on pipeline politics?

The European Union appears to be softening its stance on the controversial Nord Stream 2 pipeline project, even as it seeks to wean itself off dependence on Russian gas.

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