Editor's Column
Golden Collection
Infographics
Experts
MFA Russia News
All Tags
Archive material
December 2019 (4)
November 2019 (41)
October 2019 (24)
September 2019 (20)
August 2019 (26)
July 2019 (25)
rss
facebook
twitter
youtube

The two-day international «EU-Russia Energy Dialogue» conference which took place May 29-30, the eighth such conference so far, was once again unable to overcome the stalemate between Moscow and Brussels in the field of energy. The leadership of the European Union still

The latest council meeting of the European Union, which took place recently in Brussels, was marked by an ambitious statement from EU energy commissioner Günther Oettinger.In an interview with the Parisian business newspaper Les Échos, he urged EU member countries not to block programs for development of shale gas fields in Europe. «We need to be open to such projects and allow those countries who wish to do so, such as Great Britain or Poland, to develop pilot projects on the basis of which we can make an assessment for Europe in general», stated Oettinger. [1] 

Besides Great Britain and Poland, other European countries which plan to develop technologies for extraction of shale gas include Romania, Hungary and Spain. On the other hand, in France and Bulgaria this extraction method is officially prohibited. 

  • Category: --- |
  • Date: 17-06-2013, 15:24
  • Views: 2 447

The collapse of the Romanian opposition's initiative to unseat president of the country Traian Basescu briefly drew heightened attention to the embattled political leader and, upon scrutiny, highlighted the ongoing erosion of the European unity. The critics of Basescu still credit themselves with the failed referendum as a major political feat, but it is clear that further attempts to displace the president via political procedures stand no chance and would trigger an escalation potentially involving violence.

 

Russian president V. Putin confirmed at the Russia-EU recent summit that the construction of the South Stream gas pipeline would begin by the end of 2013 and projected that it would take 1.5-2 years to bring the planned infrastructures online [1]. He mentioned that the project was seriously re-energized last year when Turkey OK'd the offshore section of the pipeline across its part of the Black Sea [2]. Currently, the South Stream target capacity is set at 63 bcm annually and the cost – estimated at Euro 15.5b.

Part II

The triumph of T. Nikolic in the runoff in Serbia left in a state of shock those who were convinced that the electoral intrigue in the country had evaporated during the first round. The defeat of B. Tadic, who originally polled 16% ahead of his rival according to the vast majority of public opinion surveys but eventually lost by a 2% margin, deserves a place in history as a vivid illustration of the risky character of electoral estimates as such. 

Part I

It became clear when the dust settled after the recent elections in Greece and in Serbia that two epicenters of resistance to aggressive globalism continue to exist in Europe. The US and the EU with all their might neither succeeded in coercing the new cohort of Greek politicians into a deal that would establish a government ready to bow to the EU and the IMF nor managed to help B. Tadic, long believed to be the front-runner, regain presidency in Serbia. 

The global energy games (or wars to be more exact) have taken an important turn in the favour of Russia. In the near future the gas supplies going through North Stream route from Russia to the European Union may substantially grow. The Nord Stream AG company share holders asked experts to study the prospects for boosting the capability of the sub-sea Baltic gas route going from Russia to Germany. The company’s formal statement on May 11 says: first, the further diversification of the routes guarantees reliability of gas supplies. Second, the demand in Europe is to grow in the long term future due to economic and ecological advantages of natural gas and decrease of the EU own production. 

The year 2011 will be remembered as a period of unprecedented uncertainty in the history of modern Europe. On the one hand, contrary to widespread apocalyptic expectations, the EU did not crumble and the amplitude of the oscillations in the value of the relatively young European currency did stay within tolerable limits. On the other, it is clear that the integrated Europe's worst crash tests are still ahead and that the difficulties confronting the EU are a lot more systemic than circumstantial.

Back in summer of 2008, amid difficulties with the ratification of the Lisbon Treaty on reforming the EU many officials in the EU government began to speak at their informal meetings about the future of Europe “at different speeds” and “concentric circles” of Europe. These concepts implied that formally integral Europe will disintegrate into groups of states with different level and rate of social-economic development...

The resolutions of the December 8-9 EU summit which had evoked heightened expectations eventually left a mixed impression. The official agenda of the forum appeared all-embracing, with the leaders of the 27 countries of the united Europe touching upon every issue  from the Balkan politics and Iran's nuclear problem to the Schengen regime, but no specific and binding decisions concerning any of them followed.