A collection of 157 posts
The EUR 12.5 bn expansion of Hungary’s only nuclear power plant at Paks remains viable, Hungarian Prime Minister Viktor Orban told members of the press on Wednesday afternoon. Russian state nuclear company Rosatom’s addition of two blocks at the facility, can still go ahead, according to the
The war in Ukraine is a further nail in the coffin of the Pax Americana. Donald Trump began the dismantling of the US-dominated world order and post-WWII security apparatus, and now the job is being completed by Joe Biden. After last year’s withdrawal from Afghanistan, the Western response – or
US President Joe Biden said on Thursday that the prospect of Russian forces invading Ukraine remains a real threat, a “very high” one in the coming days. “Every indication we have is they’re prepared to go into Ukraine,” said Biden, who warned that Russia could employ a “false flag”
Serbia and Hungary are the Eastern European countries most exposed to Russia and China, a new study found. Czechia and Romania are most resilient CEE states regarding Russo- and Sino-influence , according to the Globsec Policy Institute report. Over two years and in eight countries, the Bratislava-based think-tank looked at five
Russian state-owned Gazprom has offered Moldova a new and improved gas-supply contract on condition that it drops its tariff-free trade deal with the EU and postpones the energy market reforms it has agreed with the bloc, the Financial Times wrote, citing sources familiar with the negotiations. Russia, which supplies and
Russia has announced that it will suspend its NATO mission in Brussels after the western military alliance expelled eight employees for being “undeclared Russian intelligence officers” earlier this month. Russian Foreign Minister Sergei Lavrov admitted that the move is retaliatory, and his country will also withdraw accreditation of NATO staff
Russian state-owned Gazprom and Hungarian energy group MVM signed a ten-year gas-supply agreement at the end of August. Under the deal, effective 1 October, Gazprom transits 4.5 billion cubic metres of natural gas to Hungary annually via two routes: 3.5bn through a new pipeline via Serbia and 1bn
Hungary has signed a long-term agreement with Russia’s Gazprom, which will supply 4.5 billion cubic meters (BCM) of natural gas over a 15-year period at a significant discount from what the country has been paying – a situation which has created tensions between Hungary and Ukraine, whose gas pipeline
While most Europeans believe a new ‘Cold War’ between the United States and China and Russia has begun, they do not think their own country is involved, a new poll by the European Council on Foreign Relations (ECFR) concludes. European citizens consider EU institutions more likely to enter a global
The contentious Nord Stream 2 natural gas pipeline will commence gas transits from Russia to Europe next month, according to the Russian state-owned Gazprom. This massive infrastructure development will not only impact European energy supplies, but could also have geopolitical effects. After years of debate and delay, the final sections
Hungary will start producing Sputnik V, the Russian Covid-19 vaccine, in the city of Debrecen starting at the end of 2022, Russia’s foreign minister, Sergei Lavrov, and Hungary’s minister of Foreign Affairs and Trade, Péter Szijjártó, announced at a joint press conference in Budapest on Tuesday. Hungary is
Hungary will allow Russian visitors to visit if they possess a Covid-19 immunity certificate as of Tuesday, 3 August, foreign minister Péter Szijjártó has announced. The measure comes in response to Russia’s recent decision to resume issuing tourist and business visas to Hungarian citizens who hold a negative PCR
Russia is ready to supply Europe with what it considers the energy of the future: hydrogen. According to media reports, Russia immediately saw an opportunity to replace the oil and natural gas sales it makes to the EU, which will decline in the forthcoming decades, with deliveries of hydrogen. The
The United States and Germany issued a joint declaration in which the two countries agreed to complete Nord Stream 2 and voiced several initiatives to support Ukraine and counter Russian attempts to use energy as a weapon. They promised an extension of the agreement with Russia on gas transit through
In Moldova, president Maia Sandu’s Action and Solidarity party has garnered the greatest share of the vote, 52.8%, in Sunday’s snap parliamentary elections. Based on the results, the pro-European party will have 63 of the 101 seats – and that the country with a population of 2.6