Latest Articles about Europe

Bulgaria: A Volte-Face on Energy Projects

Although lacking a parliamentary majority, the new Socialist-led government of Bulgaria, is hurriedly reversing critical energy sector decisions of the previous center-right government, thus bringing the country closer to Russia. Within two weeks of the cabinet’s appointment, discussions are underway to reopen the Belene Nuclear... MORE

Will the West, East or the Far East Shape Belarus’s Future?

The existential reality of Belarus, squeezed between Russia and the European Union, is its crucial dependency on external geopolitical factors. If anything, the recent slump in Belarus’s exports exacerbates this dependency. In the first quarter of 2013, exports decreased by 20.5 percent compared with the... MORE

Minor Russian Company Hints at Gazprom Support to Buy Greek Pipelines

Pressed by international creditors and its own insolvency, Greece is selling off DEPA/DESFA, the state-controlled natural gas company. While Russian Gazprom looks set to acquire DEPA (Public Gas Corporation, the gas procurement and dominant distribution company), the little-known Russian company Sintez is bidding for DESFA... MORE

Gazprom Sets Stage for Takeover of Greek State Gas Company

Insolvent Greece is auctioning off its state assets, both as a matter of necessity and as a condition imposed by international creditors for bailing out the country. The state-controlled natural gas company, DEPA/DESFA, is by far the most valuable asset in the Greek privatization package.Russian... MORE

Will Alyaksandr Lukashenka Outlast Leonid Brezhnev?

Justas Paleckis, the European Parliament’s rapporteur on Belarus, issued his Draft Recommendation to the Council, the Commission, and the European External Action Service (https://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-506.234+01+DOC+PDF+V0//EN&language=EN). The document reiterates “the need for the unconditional and immediate release and rehabilitation of the political and civic rights of all... MORE

Comparative Advantages of Nabucco-West Offset By Lack of Financing

The Nabucco Committee’s meeting (see accompanying article) on May 21 in Bucharest has provided perhaps the final opportunity for comprehensively assessing the Nabucco-West project’s comparative advantages as a route for Azerbaijani gas to Europe. Prior even to the Committee meeting, the Nabucco participant governments had... MORE