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Latest Articles about Central Europe
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Rosatom Lands Nuclear Energy Project in Hungary by Western Default
On February 6, Hungary’s parliament approved the Russian-Hungarian agreement for cooperation on nuclear energy. Under the agreement, Rosatom shall build two nuclear power blocs in Hungary, financed by Russian state credit. Hungary’s conservative government, led by the Fidesz party and enjoying a parliamentary supermajority (slightly... MORE
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The Gazelle Pipeline: Czech Segment on New Russian Gas Route to Western Europe
Gazelle, the new gas transit pipeline in the Czech Republic, completed in 2013, is conceived to function as a prolongation of the Gazprom-controlled Nord Stream and OPAL pipelines into continental Europe; albeit free of Gazprom’s control on the Czech Republic’s territory.The Gazelle pipeline is dedicated... MORE
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Nord Stream–OPAL–Gazelle: Another Ukraine-Bypass Route for Gazprom
According to Russia’s state-owned PRIME business news agency, European Union Energy Commissioner Guenther Oettinger has told journalists that the European Commission is set to reach an agreement with the Russian government on Gazprom’s access to the OPAL pipeline in Germany (PRIME, January 27). Russian President... MORE
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Balkan Energy: A Year in Review
The year 2013 was particularly important for energy security in the Balkans, as it brought the news that Caspian natural gas is closer than ever to reaching a region that has been heavily dependent on Russian sources. At the same time, the Russian-led South Stream... MORE
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Hungarian MOL Active Upstream in the North Sea and Kazakhstan
Hungarian MOL and Wintershall of Germany have signed an agreement whereby MOL acquires ownership stakes in 14 offshore oil fields originally licensed to Wintershall in the North Sea. Signed in Budapest on December 13, the agreement is expected to be closed in early 2014 pending... MORE
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Croatian Government Can Still De-Escalate Tensions with Hungarian MOL
The Croatian authorities’ pressures on Hungarian MOL (see EDM, November 14) are not a novel development. In 2011, the government (led by the Croatian Democratic Union at that time) imposed a legal cap on MOL’s stake in INA at 49 percent. When the European Union’s... MORE
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Croatian Government Seeks to Change Agreement with Hungarian MOL Under Duress
The Croatian government and the Hungarian MOL oil and gas group have entered into negotiations over the future of INA, the main oil and gas company in Croatia and the largest business entity in the country. MOL (itself Hungary’s largest business group, 25 percent state-owned)... MORE
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NATO’s Steadfast Jazz 2013 Exercise: One Step Toward Fully Credible Common Defense in the Baltic Region
Steadfast Jazz 2013, the North Atlantic Treaty Organization’s (NATO) exercise just held in the three Baltic States and Poland (see accompanying article), marks the start of rebalancing the Alliance’s missions: from an disproportionate concentration on distant, low-intensity though resource-absorbing, and politically ineffective wars (epitomized by... MORE
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NATO Holds Article Five Exercise in the Baltic Region
On November 2–November 9, the NATO Response Force (NRF) conducted the Steadfast Jazz 2013 troop exercise in Poland, Lithuania, Latvia and Estonia, combined with the Baltic Host logistical exercise in the latter three Baltic States. The hosting countries had been awaiting exercises of this type... MORE
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Why Do Western Belarus Policies Miss the Mark?
In addition to the ten themes of Belarusian President Alyaksandr Lukashenka’s October 11 press conference for Russian journalists identified earlier (see EDM, October 18), one more topic deserves to be reflected upon. Lukashenka was unusually harsh on Lithuania. When asked whether he believes that Russia’s... MORE