Latest Articles about Europe

Belarus: Open for Business?

In early April, the reputable Business Week magazine focused on the Belarusian economy with a laudatory article that suggested the country had become a virtual Mecca for foreign investors. Belarus, it noted, has risen dramatically on the World Bank’s list based on the “ease of... MORE

The Polish Revelation for Russia – and the Latin American Dream

Two distinct and remarkably dissimilar international events developed in parallel in Russian foreign policy over the last two weeks: rapprochement with Poland and networking in Latin America. The latter started with Prime Minister, Vladimir Putin’s, visit to Venezuela and continued with President, Dmitry Medvedev’s, official... MORE

Surgut Misfires Once More Against Hungarian MOL

For the second consecutive year, Russia’s Surgutneftegaz has failed to crash the door of the Hungarian MOL’s annual general meeting of its shareholders and the board of directors. The April 29 event seems set to consolidate MOL’s defenses against such predatory takeover tactics. MOL’s oil-refining... MORE

AGRI: First Ever LNG Project in the Black Sea

Azerbaijan, Georgia, and Romanian are jointly launching a liquefied natural gas (LNG) project, designated as the Azerbaijan-Georgia-Romania Interconnector (AGRI). The three governments regard their project as an element in the EU-planned Southern Corridor for Caspian gas to Europe.AGRI envisages transporting Azerbaijani gas by pipeline to... MORE

Mistral Debate Unavoidable in NATO: Part One

The view that NATO has no business discussing French arms deals with Russia is far from being a consensus position. The proposed sale of French Mistral-class warships –an offensive power-projection capability– to Russia is testing the laissez-faire approach to arms sales by NATO countries to... MORE

Oil “Export” Duties: a Peculiarity of the Russian-Led Customs Union

The Russian government is apparently moving to operationalize the nominal “union state” with Belarus through a process of economic absorption. Accession to the Russia-Belarus-Kazakhstan Customs Union is not protecting Belarus against this process.Russia’s introduction of export duties on refined oil products and “petrochemical raw material”... MORE