Tuesday, April 28, 2015
Is the UK-U.S. Special Relationship Over?
by Judy Dempsey*
Every week, a selection of leading experts answer a new question from Judy Dempsey on the foreign and security policy challenges shaping Europe’s role in the world
Articles - Commentary
Wednesday, April 22, 2015
EU Economy Hopes to Drive Up Oil Prices
by Kostis Geropoulos*
Hopes for steady recovery in the European economy helped lift oil prices nearly 2% in trading on April 13, with Brent trading at $58.84 per barrel. The price for West Texas Intermediate, the US benchmark, wasup more than 2%to $52.79 per barrel. WTI is up more than 10% since the beginning of the month
Wednesday, April 15, 2015
Financial Times: Turkey Pivotal to Future of European Gas Supplies
On March 16, the presidents of Turkey, Azerbaijan and Georgia travelled to Kars in Turkey’s mountainous northeast, and then to a remote worksite near the border with Georgia, to launch construction of the 1,850km Trans-Anatolian gas pipeline (Tanap)
Tuesday, April 7, 2015
South Stream, Turk Stream and the Triumph of Geography
by Costis Stambolis*
It is a fact that Gazprom remains one of Europe’s main natural gas providers, ensuring reliable and abundant supplies via a network of pipelines such as Nord Stream in Western Europe and Blue Stream and the Trans Balkan pipelines supplying Turkey
Monday, March 30, 2015
African Insurgent Groups Look to ISIS as They Face Increasing Pressure
by Hanna Ucko Neill, Global Conflicts Analyst*
Since the emergence of the Islamic State of Iraq and al-Sham (ISIS) in Iraq and Syria in 2014, several groups around the world have expressed support for and even pledged allegiance to the terrorist group. ISIS already has a foothold in North Africa and the recent attack in Tunisia indicates a continued interest in the continent
Monday, March 23, 2015
Bulgaria in the Energy Doldrums
The Bulgarian government finds itself in a position where it needs to secure long-term reliable natural gas supplies, after two successive failures in the past few years to get involved in major infrastructure projects, namely the Nabucco and the South Stream pipelines
Wednesday, March 18, 2015
The Power to Influence Europe? Russia’s Grand Gas Strategy
by Zuzanna Nowak, Jarosław Ćwiek-Karpowicz and Jakub Godzimirski*
As most of Russia’s energy exports go to the European Union, both players are strongly interdependent. For Russia, energy resources, especially gas, are viewed as a tool to project power beyond its borders
Monday, March 9, 2015
Note from Berlin: Crisis Diplomacy and the Russian-Ukrainian War
by Gustav Gressel*
The surprise visits of the French President François Holland and German Chancellor Angela Merkel in Kyiv and then Moscow to revive the stalled negotiations about a truce in the Donbass revealed as much about German domestic politics as it did about the complexity of dealing with a revanchist and revisionist Russia
Monday, March 2, 2015
Photovoltaics: 10-Year Market Review
by Martin Schachinger*
Four years after the Renewable Energy Law (Erneuerbare Energien Gesetz or EEG) came into force in 2004, Germany experienced a boom in demand for the first time, which threatened to overtake supply. This created a sellers’ market characterized by high prices and a lack of transparency
Wednesday, February 25, 2015
The Skirmish is Over -Let the Greek Debt Battle Begin
by Wolfgang Münchau*
If this was meant to be the challenge to German economic orthodoxy, it failed. The compromise reached in Brussels on the extension of the Greek bailout was not the deal the new Syriza government sought. Its negotiating position was weak for two reasons
Thursday, February 19, 2015
BP Energy Outlook 2035: Growing Gas and Shifting Flows
Despite the dramatic recent weakening in global energy markets, ongoing economic expansion in Asia – particularly in China and India – will drive continued growth in the world’s demand for energy over the next 20 years. According to the new edition of the BP Energy Outlook 2035, global demand for energy is expected to rise by 37% from 2013 to 2035, or by an average of 1.4% a year
Monday, February 9, 2015
All Grexit Needs is a Few More Disastrous Weeks Like This
by Wolfgang Münchau*
The first two weeks after Syriza's victory in the Greek elections had the effect I feared. A sceptical northern European public was converted into a hostile one
Thursday, January 29, 2015
Ending Greece’s Nightmare
by Paul Krugman*
Alexis Tsipras, leader of the left-wing Syriza coalition, is about to become prime minister of Greece. He will be the first European leader elected on an explicit promise to challenge the austerity policies that have prevailed since 2010
Tuesday, January 20, 2015
Falling Oil Prices and EU Energy Security
by Professor Alan Riley*
There is a tendency to assume lower energy prices have no downside for an energy consuming economy such as the European Union. It is assumed that lower prices will overall lift the economy and drive forward economic growth. It is undoubtedly true that lower prices will drive economic growth
Wednesday, January 14, 2015
Greece and Europe Must Compromise to Avoid Grexit
by Tony Barber*
At its launch on 1 January 1999, the euro's creators imagined entry into European monetary union as irreversible - a hotel from which, once a country checks in, it can never check out. But if Greece is to be a permanent resident, someone has to pay its bill
Monday, January 5, 2015
Let This be the Year When We Put a Proper Price on Carbon
by Lawrence Summers*
The case for carbon taxes has long been compelling. With the recent steep fall in oil prices and associated declines in other energy prices it is overwhelming
Wednesday, December 31, 2014
Hurdles in the Path of Romanian Gas Market Liberalization
by Anca Elena Mihalache*
The Romanian Government presented the Parliament in September 2014 with a Decision to postpone gas market liberalization for households by two and a half years, until 1 July 2021. The initial deadline of 31 December 2018 was agreed upon in 2012 by the first government of Prime Minister Victor Ponta along with the Troika of international lenders: the European Commission (EC), the International Money Fund and the World Bank
Friday, December 19, 2014
Is Russia an Outside Power in the Gulf?
by Samuel Charap*
When Russia is invoked in analysis of outside powers’ role in the Middle East, it is often thought of in two related ways: either as a shrunken Soviet Union or as a potential regional security guarantor should the United States abdicate that role
Thursday, December 11, 2014
South Stream’s Cancellation: The End of a Saga
by Radu Dudău*
On December 1st, Russian President Vladimir Putin made a surprising announcement in Ankarathat his pet project, the South Stream pipeline, would be cancelled due to EU opposition
Wednesday, December 3, 2014
Sliding Oil Leads to Commodity Volatility
by Henry Sanderson*
Volatility hit the commodities markets on Monday as crude prices rebounded after hitting a new five-year low while copper slid to a four-year low, following last week’s sell-off triggered by Opec’s decision to maintain production levels.
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