Latest Articles about Europe
Austria Joins Gazprom’s South Stream Project
On April 24, Russia and Austria signed governmental and corporate agreements on Austria’s accession to Russia’s South Stream gas pipeline project. Prime Minister, Vladimir Putin, led the Russian delegation to the signing event in Vienna, with follow-up visits to Italy and Ukraine on April 26... MORE
Gas in Exchange for Naval Base: a Boon to Ukraine’s Weak Economy
Moscow has agreed to lower the price of gas for Kyiv by one-third in exchange for extending the lease of the Sevastopol base for the Black Sea Fleet (BSF) by 25 years. The Ukrainian parliament ratified the agreement on April 27, despite protests by the... MORE
Russia’s Strategic Gains at Ukraine’s and Europe’s Expense
Russia’s new deal with Ukraine on the Black Sea Fleet (BSF) and gas prices has profound bilateral significance, as well as for the CIS and even Europe. It ratifies long-term Russian gains at the expense of all the other players and continues to solidify Moscow’s... MORE
Ukraine’s Foreign Policy Turns East
With less than two months in office President, Viktor Yanukovych, has undermined a twenty year-old elite consensus on national security by, as EDM (November 3, 2009) forecast, introducing a far more pro-Russian essence to Ukrainian foreign policy than if Yulia Tymoshenko had been elected (EDM,... MORE
Jubilant Medvedev Praises Yanukovych and Threatens Lukashenka
Yesterday, Moscow achieved one of its most important long-term strategic goals –to secure a continued military presence in Ukraine by keeping its base in Sevastopol, Crimea. During a summit in Kharkov in Eastern Ukraine, Presidents Viktor Yanukovych and Dmitry Medvedev signed a barter agreement that... MORE
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
Opposition Slams Yanukovych for Promising to Renounce Highly Enriched Uranium
Ukrainian President, Viktor Yanukovych, promised his US counterpart, Barack Obama, to renounce the nation’s stockpile of highly enriched uranium (HEU) during their meeting on the fringes of the nuclear security summit in Washington on April 12. In return, Washington offered financial and technical assistance, in... 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