Latest Articles about Europe

Gazprom Withdraws from Tender for Greek Gas System

Russian Gazprom was poised to take over Greece’s Public Gas Corporation (DEPA), but has withdrawn from the tender literally on the last possible day. The final, binding offer was due to be submitted on June 10, but it did not arrive. Instead, Gazprom claims that... MORE

Igor Sechin Door-Crashing in Croatia

Croatia is set to join the European Union as a full member on July 1. This makes Croatia a more attractive object of Russian energy interests. The head of Zarubezhneft (Nikolai Brunich, who has in the meantime taken over as chief of Transneft) visited Zagreb... MORE

The ‘Return’ of Geopolitics and Historical Memory

In his essay, “A Map of the World: The Return of Geopolitics,” Sergei Karaganov, a Russian pundit, analyzes the newly acquired legitimacy of geopolitics that, until recently, used to be “provincial,” “politically incorrect,” and even perceived by some as a vestige of Nazi ideology. Karaganov... MORE

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