EU accused of being too nice with Gazprom in the infamous antitrust case

Last week came to be a crucial one for the long-standing dispute between the Russian energy giant Gazprom and the European Union. Gazprom will work on a compromise with EU regulators and will finalise a deal to end a five-year antitrust case avoiding fines and any other imposed term, according to official declaration. The news […]

From Russia with love: Brussels and Moscow close to an agreement on Ukraine’s gas supplies

Following a few months of mere “meditation”, the European Commission and Russia held a bilateral meeting in Vienna last week where they finally made progress on Ukraine gas supplies and energy security. Russia was represented by the Minister for Energy, Mr. Alexander Novak and the CEO of Gazprom, Mr. Alexej Miller. The EU was represented by Maroš Šefčovič, Vice-President […]

Sanctions on Russia to be the biggest unity test at this European Council

The relations between the European Union and Russia, as well as the entire, delicate situation in Ukraine, will be discussed at the European Council commencing this Thursday, although no big news are likely to come. EU leaders have not yet agreed on how to proceed on Russian sanctions, but they are unlikely to reach agreement […]

Russia to cut gas supplies again: can the EU get back to growth without a solid energy market?

“Energy” is a word that may sound a bit alarming in the European Union nowadays. This happens because Europe has a problem: its energy supplies are not secure. The EU’s prospects of remaining a strong, independent economic and political player in the international arena will largely depend on whether the bloc will be able to […]

Eurasian Union begins: the giant modelled on the EU is Moscow’s biggest challenge

On the first day of 2015, when all the world was waking up ready to taste what this New Year will be like, the treaty creating the Eurasian Economic Union took effect. The new EEU has now become a reality, allowing free movement of trade, services, and capital between Armenia, Belarus, Kazakhstan and Russia. What […]