Washington Post (March 6)
Russia’s energy stranglehold around Europe, which imports about a third of its fuel from Russia, must be loosened. “In the long term, Europe and Ukraine should continue to make their energy markets more flexible. Ukraine should consider building an LNG import terminal on the Black Sea, and the country must clean up its notoriously corrupt energy production sector.” Abundant supply in the U.S., Norway, Qatar and Eastern Europe can also play a role in freeing Europe “from Gazprom’s grip.”
Tags: Black Sea, Eastern Europe, Energy, Europe, Gazprom, Imports, LNG terminal, Norway, Qatar, Russia, U.S., Ukraine
Financial Times (August 10)
Germany is staging a strong recovery, both in terms of exports and imports. Germany may well become Europe’s growth engine. There is still considerable uncertainty and much depends on China’s economy, but current predictions suggest “Germany will record its strongest growth since reunification in 1990” during the soon to be released Q2 results.
