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Latest Articles about Europe
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Belarus: Between Tangible Benefits and Make-Believe Policies
Recent events around Belarus draw attention to a chasm between the Belarusian policies pursued by Russia and by the West. This month, Russia agreed to retain an unprecedented scale of duty-free oil deliveries to Belarus. Under the current deal, Russia exports crude oil to Belarus,... MORE
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Turkey More Cooperative with Western Energy Companies than It Seems
Turkey’s Energy and Natural Resources Minister Taner Yildiz has seemingly threatened Italian ENI—and, implicitly, other foreign energy companies—with retaliation against their projects in Turkey, if they sign offshore gas development deals with the government of Greek Cyprus while ignoring Turkey’s and the Cypriot Turks’ interests... MORE
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EU-Moldova Association Agreement May Yield Huge Political Windfall for Filat’s Party
As Moldova’s pro-European parties in parliament attempt to prevent snap elections by negotiating over a new government, the country seems to be finally inching away from a political cliff (Prime.md, March 22). But after the political frenzy that toppled the Vlad Filat government in Moldova... MORE
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TAP Project Surging Ahead of Rival Nabucco-West (Part Two)
The gas producers’ consortium at Shah Deniz in Azerbaijan is holding parallel negotiations with the pipeline project companies, Nabucco and Trans-Adriatic Pipeline (TAP), to select one of these routes to Europe. March 31 is the deadline for submission of Nabucco-West’s and TAP’s competing offers to... MORE
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TAP Project Surging Ahead of Rival Nabucco-West (Part One)
Among the roles of Gazprom’s South Stream pipeline project was that of aborting the EU-backed Nabucco, merely by threatening to preempt Nabucco’s markets along the same route downstream. Conversely, Nabucco’s European rival Trans-Adriatic Pipeline project (TAP) can abort Nabucco by preempting the gas supply source... MORE
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Dmytro Firtash Launches New Opaque Gas Intermediary
For 20 out of the 22 years of Ukraine’s independence (with the exception of the period 2009–2010), the country’s domestic energy market has been dominated by opaque gas intermediaries. Gazprom’s Itera and Yulia Tymoshenko’s United Energy Systems of Ukraine operated during the first decade of... MORE
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The Cyprus Test for Russian Foreign and Economic Policies
The Cyprus issue has dominated political debates and intrigues in Moscow through last week, turning into a test of sorts for Russia’s ability to respond to acute external challenges. The financial disaster on the island that has become so intimately familiar to many Russians has... MORE
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Belarus Continues Its Drift Toward Russia while Moving up in Human Development Rank
On March 17, accompanied by an 80-member delegation, including many directors of state-run companies, Belarusian President Alyaksandr Lukashenka left for a seven-day visit to Indonesia and Singapore (https://www.svaboda.org/content/article/24931615.html). On March 18, he reported signing export contracts worth $400 million in Jakarta (https://www.gazetaby.com/cont/art.php?sn_nid=54868). Two days prior... MORE
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Meltdown of Russian Government-Sponsored Offshore Financing in Cyprus
The Cypriot financial meltdown has rocked Moscow. Russia provided Cyprus in 2011 with a 2.5 billion-euro ($3.2 billion) low interest loan and believed the European Union and the International Monetary Fund (IMF) should join in the bailout of a euro-zone member nation. Until now, the... MORE
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Another ‘Damn Thing in the Balkans’—the Russian Cossacks Come to Comrat
The appearance of a detachment of Russian Cossacks in Moldova’s Autonomous Territorial Unit of Gagauzia has not only unsettled some residents there but also spotlights Moscow’s efforts to use the Christian Turkic Gagauz people—alongside Transnistria—against the Moldovan government in Chisinau. The Cossacks’ presence incites a... MORE