Wild World – Dr. Adrian Pabst Interview
... financial fantasy and betoken of a short-termism that is strategically reckless. Continued austerity for the next decade and perhaps longer will probably end any remaining hopes for both Nabucco and South Stream. But the energy battle between the EU and Russia over Nabucco and South Stream is a proxy conflict in a wider war of rival visions – a growing strategic divergence that risks dividing the greater Europe permanently. Just as the EU seeks to diversify its sources of supply away from Russia towards North Africa and the Middle East, so too Moscow is trying to diversify its sources of demand away from Europe towards Asia-Pacific (in particular China)....