... official commitment to economic modernisation, on the one hand, and authoritarian consolidation, on the other hand.
Energy Calamity
It is argued by some that the Russo-European relationship has soured creating an anti-Russian stance. Has ... ... 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 ...
... less concentrated requiring an additional infrastructure, thus expenditure. In fact, Gazprom has reduced prices by pursuing its own strategy of spreading costs by building more pipelines and supplying more gas; South Stream pipeline introduction resulted in lower prices for European consumers.... ... A recent contract among Russia and Germany which will bear 6% of the latter’s energy needs, shows evolution of the former’s business approach and the fact that... ... Russia’s interests in this interdependent bond as no one else can offer as much gas. E.U. must aid predictability by outlining an energy policy and do so on mutual terms...