Tag Archives: European

Russia’s Gazprom wins appeal to halt seizure of European assets

A Stockholm court’s decision to order Russia’s Gazprom to pay compensation to Ukraine’s Naftogaz has been suspended. This means Kiev can no longer demand the freezing of Gazprom’s assets in Europe. The Russian company argued that Naftogaz breached the gas delivery contract. In 2015, Ukraine opted to stop buying the contracted volume, replacing it with gas supplies from European countries. ...

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‘It’s an invasion!’: UKIP leader blasts Brussels’ migration policy in the European Parliament

UKIP leader Gerard Batten has accused the European Union of blackmailing member states into accepting migrants from “Islamic countries”, amid boos and jeers from fellow MEPs. “You used the emotional blackmail argument of talking about helping defenseless refugee families. And yet, the reality is that the vast majority of these migrants are young men from Islamic countries,” said Gerard Batten, ...

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Russia repays almost all compensations ordered by European HR court – deputy minister

Russia has fulfilled almost all compensation recommendations ordered by the European Court of Human Rights over the past 20 years, and the overall sum was about $ 235 million, deputy justice minister Mikhail Galperin has said. Galperin dismissed as fake news the information that the overall compensation total ordered by the European Court of Human Rights (ECHR) in Strasbourg reached ...

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‘Who owes who?’ Gazprom appeals against European asset seizures to compensate Ukraine's Naftogaz

Russian energy giant Gazprom has filed a petition in a Switzerland court seeking access to documents which allowed Swiss bailiffs to seize the company’s assets to compensate Ukraine’s energy firm Naftogaz. Gazprom’s assets were seized in compliance with the February decision of the Stockholm arbitration court. The ruling required the Russian corporation to pay the Ukrainian side compensation of $ ...

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US about to slap disobedient European firms with sanctions over Russian gas project

The White House is on the verge of introducing penalties against companies engaged in the construction of the Nord Stream 2 gas pipeline, which will deliver Russian natural gas to the EU across the Baltic Sea. The US government is planning to sanction European corporations that joined the pipeline project, which is led by Russian state-owned energy giant Gazprom, three ...

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How US sanctions on Iran can help Russia win trade battle with European rivals

Russian companies working in Iran have an advantage over European rivals – they are already under US sanctions, so they have nothing to lose, TeleTrade Chief Analyst Petr Pushkarev told RT. “Russian companies will continue doing business in Iran as if nothing happened at all – in oil, gas and nuclear energy. They have this advantage over the Europeans, who, ...

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Merkel ally & EU bigwig says Hungary’s Orban isn’t a ‘bad European,’ fights ‘illegal’ immigration

The leader of the largest political group in the EU Parliament and Angela Merkel ally, Manfred Weber, has defended Viktor Orban against critics who accuse Hungary’s Eurosceptic, anti-immigrant PM of being a “bad European.” Weber, a member of German Chancellor Angela Merkel’s conservative bloc and the leader of the European People’s Party, said it’s wrong to “point fingers” at Orban ...

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Russia just won big in the European gas war

There’s been a lot of talk on both sides of the Atlantic about the US pivot and efforts at locking in natural as market share in Europe. Much of this comes amid President Donald Trump’s so-called American energy independence push as well as both US and several EU members thrust to wean Europe off of geopolitically charged Russian gas. In ...

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European businesses shouldn’t be held hostage by US sanctions against Russia – investor

US sanctions against Russia are pointless and completely out of order, the President of Thomas Vendome Investment Jean-Pierre Thomas told RT at the St Petersburg International Economic Forum (SPIEF). Thomas said he does not understand why the European economy should be impacted. “Sanctions are the sole decision of the United States, it’s not the decision of Europe and even the ...

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Gazprom agrees to reduce natural gas prices for Eastern & Central Europe – European Commission

Published time: 24 May, 2018 10:47 Edited time: 24 May, 2018 11:01 The European Union is imposing a series of obligations on Russian energy giant Gazprom to improve the flow of gas at competitive prices in Eastern Europe, EU Antitrust Commissioner Margrethe Vestager said on Thursday. Gazprom will have to ease its hold on the European market, said Vestager, giving ...

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