Latest Eurasia Daily Monitor Articles

LEX MOL REFLECTS EUROPEAN RETHINKING ON ENERGY INVESTMENT REGIME

Overwhelmingly approved by the Hungarian parliament, the legislation known as “Lex MOL” [MOL law] is set to take effect after the presidential signature as a final formality. The law reacts to Austrian state-controlled energy champion OMV’s hostile takeover bid against MOL, Hungary’s largest economic entity,... MORE

LEX MOL AND THE VOLKSWAGEN RULING: COMPARING APPLES AND ORANGES

On October 23 the European Court of Justice (ECJ), the European Union’s highest court, overturned Germany’s Volkswagen law, which restricts the voting rights of that company’s shareholders to 20%, regardless of the size of the stake owned. The European Commission had initiated the case three... MORE

SOARING TRADE BOOSTS RUSSIAN-ARMENIAN ECONOMIC TIES

Armenia’s trade with Russia has increased dramatically this year, paralleling the growing Russian economic presence in the country, which has sparked concerns about Armenia’s economic independence and even national security. The almost 62% year-on-year rise in Russian-Armenian trade registered in the first eight months of... MORE

ETHNIC TENSIONS IN TURKEY CONTINUING TO ESCALATE

Over a week after the Kurdistan Workers’ Party (PKK) killed 12 Turkish soldiers when they overran a military outpost in Daglaci, close to Turkey’s border with Iraq, (see EDM, October 22), nationalist anger inside Turkey not only shows no sign of abating but appears to... MORE

PUTIN COMPARES U.S. MISSILE DEFENSE TO CUBAN CRISIS

Expectations before the regular meeting between Russian President Vladimir Putin and the EU leadership had set a new record low, and the summit in Mafra, Portugal, last Friday, October 26, generally lived up to them. The top priority for the Portuguese EU presidency has been... MORE

DEFENSE RELATIONS: LONDON LOOKS TO ASHGABAT

On October 21 London refocused British diplomatic efforts in Central Asia from Kazakhstan to Turkmenistan. The Turkmen state news agency publicized a visit to Ashgabat by an official from the UK Foreign and Commonwealth Office (FCO), wrongly suggesting this was the FCO’s director for Russia... MORE

GEORGIAN RADICAL OPPOSITION FANCYING REGIME CHANGE

Georgian opposition parties held demonstrations last week and this in Kutaisi and Batumi, respectively, and plan a mass protest rally in Tbilisi for November 2 during a high-level international gathering hosted by President Mikheil Saakashvili. This is the first wave of protest rallies since Georgia’s... MORE