Antitrust: Commission imposes binding obligations on Gazprom to enable free flow of gas at competitive prices in Central and Eastern European gas markets

This article is brought to you in association with the European Commission. The European Commission has adopted a decision imposing on Gazprom a set of obligations that address the Commission’s competition concerns and enable the free flow of gas at competitive prices in Central and Eastern European gas markets, to the benefit of European consumers and […]

Putin becomes the ‘perfect enemy” for the West

Putin, after having won last Sunday’s presidential election in Russia with a landslide of 76.7% is now turning to the West for détente. According to Reuters, he said “had no desire for an arms race and would do everything he could to resolve differences with other countries”. Only a few days ahead of election Sunday […]

Trump’s Russian affair spills over and upsets Europe

The turmoil in the American political system, caused by President Donald Trump’s Russian affair is having spillovers in Europe. Of course, it’s not the first time that Trump and his out of control political ‘inspirations’ instigate trouble for the Old Continent and the rest of the world. This time however, the US Congress prepares new […]

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 […]

EU’s Mogherini visits Turkey “to step up engagement” and highlight interests

As announced last week through an official European Union statement, EU Foreign Policy Chief Federica Mogherini and two other senior EU officials are visiting Turkey this week. The High Representative of the EU, together with Commissioner for European Neighbourhood Policy and Enlargement, Negotiations Johannes Hahn, and Commissioner for Humanitarian Aid and Crisis Management, Christos Stylianides, […]

EU cracks under the weight of its policy on the Ukraine-Russia nub

The Ukrainian civil war, with the two sides patronised respectively by the West (EU and US) and Russia, has now deeply divided the entire Old Continent. On Friday 26 September Hungary decided to cut off its secondary supplies of Russian natural gas to Ukraine. Last June, after Moscow cut its direct deliveries of gas to […]

EU secures more and cheaper energy supplies

Last Friday 28 June the Commission welcomed the selection of route for the Azeri natural gas flow to Europe that the Caspian country’s producers made on that same day. Of course it is the ‘Southern Corridor’ through Greece and Albania and under the Adriatic Sea to Italy, then to many EU countries. It’s the Trans […]