Latest Articles about Europe
Increased Western Involvement in Caspian Sea Energy Transport
On December 23 Austria’s OMV energy conglomerate and Germany’s leading power producer RWE (Rheinisch-Westfaelische Elektrizitaetswerke) announced an initiative to create a joint company for gas transportation from the Caspian Sea’s eastern shore westward. This initiative targets mainly Turkmen gas, aiming to build a trans-Caspian pipeline... MORE
Serbia’s Oil Industry: a Christmas Gift to Gazprom
On December 24, 2008, the Serbian government ceded control over Serbia’s Oil Industry (Naftna Industrija Srbije, NIS) to Russian Gazprom’s oil subsidiary, Gazprom Neft. Motivated to a large extent politically and negotiated poorly by Belgrade, the cession amounts to a Christmas gift for Gazprom and... MORE
Gazprom Stops Gas Deliveries to Ukraine—What Next?
On the morning of January 1, OAO Gazprom, the Russian state-owned gas monopoly, in league with the Russian government, decreased the volume of gas shipped to Ukraine by 90 million cubic meters a day—the amount that Ukraine had contracted for in 2008. Gas shipments of... MORE
Russia to OSCE: Recognize South Ossetia or Get Out
Russia is threatening to run the OSCE out of South Ossetia at the end of the year. Moscow will only relent if the OSCE recognizes the Russian-installed authorities as legitimate and treats Russian-occupied South Ossetia as an essentially sovereign state.The OSCE has maintained a monitoring... MORE
Spain Agrees to Extradite Former Rebel Commander
Spain on December 13 agreed to extradite a Chechen wanted on terrorism charges, Murad Gasayev, to Russia in connection with the June 2004 attack on government buildings in Ingushetia. According to the Associated Press, Gasayev was arrested by police in an apartment in the eastern... MORE
Hard Times for Ukrainian Banks, Central Bank Chairman Under Fire
Ukraine’s banking system is teetering on the brink of disaster. The International Monetary Fund’s (IMF) $16.4-billion loan (see EDM, November 12) has probably come too late either to restore trust in banks or to prevent the national currency, the hryvnya, from a free fall. Most... MORE
Russian Dezyinformatsia Campaign against the Orange Coalition
On December 9 it was announced that a larger orange coalition had been agreed upon in Ukraine. It was formally registered on December 16. The news came as a surprise, as it had been widely assumed that Prime Minister Yulia Tymoshenko’s bloc (BYuT) was close... MORE
Belarus Survey Reveals Changes in Public Mood
The warming relationship between Belarus and the European Union has given rise to discussions about whether a new dialogue is possible under Belarusian President Alyaksandr Lukashenka. It also leads to questions about the link between the world financial crisis and the more conciliatory attitude in... MORE
Purge of Serb Negotiating Team To Precipitate Onerous Energy Agreements with Russia
Serbia’s coalition government has removed Economics Minister Mladan Dinkic from his concurrent assignment as head of the negotiating team on energy agreements with Russia. The impending oil and gas deals involve essentially a Russian takeover of Serbia’s energy sector. Dinkic and his colleagues who were... MORE
SBU Stops Separatism in Its Tracks
The Security Service of Ukraine (SBU) has patted itself on the back for stopping separatism in three different regions: Donetsk, Crimea, and Transcarpathia (www.ssu.gov.ua, December 9). All three cases involved pro-Russian organizations financed from Russian sources. The SBU’s statements do not provide details about the... MORE