Feb 13, 2012
EuroFocus v.13 n.1 - Russian Energy Pressure Fails to Unite Europe
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By Keith C. Smith, Keith C. SmithJan 24, 2007
- In the year since the "wake-up call" provided by Russia's cut-off of gas supplies to Ukraine in January 2006, Europeans have made modest progress in dealing with their growing dependence on Russian energy.
- Divisions continue, however, among EU member states, leaving Europe more susceptible to pressure from a Russian government that uses its huge energy resources to maximize its foreign policy leverage.
- The European consumer will probably continue to pay higher energy prices as a result of Russia’s monopoly on gas and oil shipments from Central Asia.
- The EU countries could take a number of additional steps to reduce the risks of dependence on Russian energy. The EU’s readiness or failure to adopt these measures will constitute an important political test of whether Europe will successfully cope with growing Russian control over its energy markets.
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