Latest Articles about Europe

Corruption in Romania—Can It Be Eliminated?

Romania and Bulgaria find themselves in the unenviable position of being the poster children for corruption in the EU. Bulgaria is plagued by organized crime gangs roaming the streets of its cities and killing for hire, while Romania is saddled with corrupt politicians who seem... MORE

Chancellor Merkel Says Nein to Nabucco

Shifting gears from an ostensible equidistance between pipeline projects, German Chancellor Angela Merkel has come out against proposals to use European Union funds to kick-start the Nabucco pipeline project for bringing Caspian gas to Europe. Although Germany was never interested in this project in a... MORE

Security Service Raids Ukrainian State Gas Companies

On March 4 and 5 armed units of the Security Service of Ukraine (SBU) conducted raids on the headquarters of Naftohaz Ukrainy, the state-owned oil and gas company, and UkrTranshaz, the operator of the Ukrainian gas pipeline company. According to a March 5 report by... MORE

Hungary’s MOL Driving Efforts to Interconnect Gas Markets

On March 3 the Hungarian gas transmission operator FGSZ—a subsidiary of MOL, the Hungarian oil and gas company—signed a contract with Croatia's state pipeline operator Plinacro to build an interconnector gas pipeline between the two countries. The project fits within MOL's strategy of promoting construction... MORE

Yushchenko, Tymoshenko Pledge Reforms in Letter to IMF

Ukrainian President Viktor Yushchenko and Prime Minister Yulia Tymoshenko have managed to set their differences aside and agree on a reform package in an effort to save the economy from imminent collapse. Yushchenko and Tymoshenko agreed on March 2 on the content of a letter... MORE

Javier Solana Visits Belarus

On February 19, in the latest stage of the increasing rapprochement between the EU and Belarus, EU High Representative for Common Foreign and Security Policy Javier Solana visited Minsk and met with Belarus President Alyaksandr Lukashenka. The meeting was perceived by several sources as a... MORE