Dependent on the Russian pipe

Sep 23, 2014 17:00

Germany, Europe's economic juggernaut, imports nearly 1/3 of the gas that it needs from Russia. In most countries in East Europe though, energy dependence on Russia is much greater: the Baltic countries, Poland, Slovakia, Bulgaria - they are all almost 100% dependent on the gas deliveries from state owned Gazprom, a fact which Russia has already ( Read more... )

russia, energy, east europe

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htpcl September 24 2014, 09:39:33 UTC
Things will get scary, come winter. Rising energy prices, tightening the belts, and yes, political turmoil, too. At least over here.

As for Orban's Hungary, obviously he's trying to maneuver between EU and Russia. For example, he has denounced Moscow's actions, but has not supported the sanctions against Russia. The reasons for this apparent schizophrenia are mainly economic.

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