“We can say goodbye to our democracy, our independence and our sovereignty” (outgoing President Yushchenko predicts a future with either Ms Tymoshenko or Mr Yanukovych as President) “I’m quite happy because whoever is chosen today will be hated tomorrow by the majority of the country.” (Andrey Kurkov) Ukraine’s Russian-leaning opposition leader, Viktor Yanukovych is on [...]

Latest developments during last weeks related the EU’s policy of diversifying Europes’s energy supplies give a clear indication that EU’s pipedream – Nabucco – is vanishing while the rival Russia’s South Stream gets a boost both on the ground and updated aims. European Commission has tried enhance Nabucco already some nine year with modest or [...]

Despite the efforts to save energy a strong scenario for near future is that the quantity of gas needed in EU region will remain same as today if not bigger. sources of gas are widely known the essential question is how the gas is arriving to European markets. Environmental and technical aspects can be handled [...]

While my special interests are laying in Balkans I keep an eye on Northern Black Sea – Caucasus, Ukraine and Bessarabia. Events there sure have their impact also in Balkans – if not direct so at least through their geopolitical, security or economical consequences. Today’s Caucasus with its surrounding regions is a frontline of power [...]

After three weeks dispute Russian gas is heating European homes. Talks ended agreement, it was even signed, bills are paid, prices fixed, EU monitors are checking implementation and everything seems to be ok next ten years. I would not like to be bird of ill omen but I must state to have serious doubts and [...]