Latest Articles about Europe

Bulgarian Government Skeptical on South Stream Project

Gazprom CEO Aleksei Miller held talks in Sofia on February 16 “to activate work on the South Stream project in Bulgaria” (Interfax, February 16). Bulgaria is the country most pivotal to South Stream. The pipeline is planned to run from Russia across the Black Sea... MORE

Ukraine: Largest Ailing Bank Nadra Remains in Limbo

The National Bank of Ukraine (NBU) has rejected the government plan to liquidate Nadra, the largest among Ukraine’s ailing banks. The only potential investor interested in Nadra, energy and chemical tycoon Dmytro Firtash, failed to persuade the NBU to sell Nadra. Nadra remains in limbo... MORE

Nord Stream: a Project Behind the Times (Commentary)

The Nord Stream project is based on assumptions dating back to 2005 and earlier, but failing to reflect more recent developments, including those that are now revolutionizing the gas trade.When Vladimir Putin and Gerhard Schroeder (Russian President and German Chancellor respectively at the time) concluded... MORE

Nord Stream Project Faces Hard Slog Against the Tide

Nord Stream, the gas pipeline project on the Baltic seabed from Russia to Germany, has cleared the final legal requirement, obtaining the construction permit from the state administration agency of the Southern Finland region (Financial Times Deutschland, February 15).The governments of Finland, Denmark, and Sweden... MORE

Franco-Russian Naval Sale is a Challenge to NATO

NATO is being tested, with “its future at stake,” not so much in Afghanistan as the line recently went, but rather in Brussels itself and in the Alliance’s most influential capitals. The latest among these tests –one that the Alliance seems only determined to side-step–... MORE