Latest Articles about Europe
YUSHCHENKO LOSES CABINET LAW TO YANUKOVYCH AND TYMOSHENKO
Ukraine’s parliament has passed a law on the Cabinet of Ministers that strengthens the Cabinet vis-à-vis the president. The law fills in gaps left in the national legislation by the imperfect constitutional reform of 2004-2006, interpreting in the Cabinet’s favor the points dealing with relations... MORE
HUNGARY AND THE NABUCCO PROJECT: TIME TO END THE AMBIGUITY
In its comprehensive package of strategy documents, “Energy Policy for Europe,” just released in Brussels, the European Commission has proposed appointing a European Coordinator for the planned Nabucco gas pipeline, deemed a “critical project” by the EU (Press release, January 10). The pipeline is designed... MORE
RUSSIA CHANGES TERMS OF OIL SUPPLY TO BELARUS
On January 12 in Moscow, Prime Ministers Mikhail Fradkov of Russia and Syarhey Sidorski of Belarus inked agreements on oil supplies and transit, eliminating part of Russia’s hidden subsidies to Belarus. By the same token, the agreement seems to preclude actions by Belarus that would... MORE
IS RUSSIA-BELARUS FRIENDSHIP OVER?
On January 12, Belarus and Russia signed an agreement resolving an impasse over oil transit that had led to the closure of the Druzhba pipeline (the main conduit of Russian oil to Europe) for three days. The Belarusian side agreed to pay a tax of... MORE
BELARUS PRESIDENT YIELDS TO RUSSIA ON THE OIL TRANSIT TERMS
On January 10, Belarus President Alexander Lukashenka informed his Russian counterpart Vladimir Putin by telephone that Belarus was canceling as of that day the transit tax on Russian oil en route to Europe. Minsk had introduced the oil transit tax on January 1 in response... MORE
UKRAINE’S DOMESTIC AND FOREIGN PROSPECTS FOR 2007
Ukraine’s domestic and foreign prospects in 2007 depend upon the resolution of the political and constitutional crisis that began in 2006. Failure to resolve this ongoing crisis will lead to stagnation and a possible retreat from some of the gains of the Orange Revolution (see... MORE
OIL SUPPLY CUTOFF TO BELARUS AND EUROPE SHAKES RUSSIA’S REPUTATION FOR RELIABILITY
Conclusive evidence emerged on January 9 that Russia halted oil exports to European Union countries via Belarus during the night of January 7-8. Moscow seeks to force Belarus to accept Russian-imposed terms for oil supplies to Belarus itself as well as for the transit of... MORE
YUSHCHENKO FACES NATO REFERENDUM PROBLEM
Signatures have been collected in Ukraine in favor of holding a referendum on membership in NATO and the Single Economic Space -- a loose economic union with Russia, Belarus, and Kazakhstan. The Central Electoral Commission (CEC) has confirmed that the signatures are valid. Pro-Western President... MORE
RUSSIA-BELARUS STANDOFF MAY BEGIN AFFECTING OIL TRANSIT TO EUROPE
Deliveries of Russian oil via Belarus to points West suffered several brief interruptions during January 5 through 8, causing a slight decrease in the volumes scheduled for delivery to Poland and Germany. The problem has arisen following Minsk’s introduction of a transit charge for Russian... MORE
BELARUS TRANSIT TAX RETALIATES TO RUSSIAN CUSTOMS TAX ON OIL EXPORTS
Effective January 1, the Russian government introduced an export duty of $181 per ton of crude oil delivered to Belarus. Those deliveries had been duty-free until now. Signed by Prime Minister Mikhail Fradkov on December 8, 2006, the decision places oil deliveries to Belarus under... MORE