Latest Articles about Europe's East

Gazprom’s War Has Damaged Russian Interests

It was hardly a surprise when Prime Ministers Vladimir Putin and Yulia Tymoshenko, both dressed in black, solemnly announced an agreement to end the Russian-Ukrainian gas conflict in the wee hours of Sunday. The "war" had started as a habitual quarrel, then escalated into a... MORE

Russian-Ukrainian Gas Crisis Fuelled by National Identity

Western media coverage of the latest Ukrainian-Russian gas crisis has largely ignored the national identity component of the conflict, and yet this is the main factor fuelling poor relations between Ukraine and Russia. Inter-elite corruption in the energy sector comes second to national identity issues.... MORE

Ukrainian Law Bars Transferring Ownership of the Gas Transit System

Gaining some form of control over Ukraine’s state-owned gas transit system has been a constant objective of Russian policy since the 1990s. That 30-year-old system’s worn-out condition, its mismanagement, and the insolvency of its operator Naftohaz Ukrainy are providing Gazprom with a wide opening to... MORE

Russia’s Gas Disinformation Game

Disinformation operations, as every former KGB operative knows, can be an invaluable tool in winning a war. “Deza,” as it is called by the old boys who once worked on Dzerzhinsky Square in Moscow, is an art meant to be used carefully by professionals; otherwise... MORE

Belarus Devalues Its Currency

On January 2 residents of Belarus learned that the national currency—the Belarusian ruble (known locally as the zaichik or hare)—had been devalued by 20.5 percent against the US dollar, falling from around 2,200 to 2,650. In November and December the administration of President Alyaksandr Lukashenka... MORE

Gazprom’s Gas Price Shell Game

How does Russia’s Gazprom set the price for the gas it sells its customers in the former Soviet republics and the EU? Few, if any, managers in Gazprom can answer this question with any measure of certainty. The formula for calculating this seemingly capricious price,... MORE