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Gazprom Cuts Gas Price for Moldova in Q1

Gazprom Cuts Gas Price for Moldova in Q1

Russian gas giant Gazprom has cut by about 20% the price for the gas it exports toMoldovain the first quarter of 2015, Moldova's economy ministry said on Tuesday.

New Solidarność in the Making

New Solidarność in the Making

The bell for the first round of the fight between Greece and the Eurogroup willring tomorrow in the Eurogroup extraordinary meeting for Greece.

No Concrete Proposal on Greek Debt this Week

No Concrete Proposal on Greek Debt this Week

The European Union's executive says it is unlikely that a final agreement with Greece over easing its bailout debt load will be reached at meetings this week.

Brexit in 2016 ?

Brexit in 2016 ?

Europe is focused on the Greek crisis as a game of realpolitik plays out that could decide the future of Europe, but there may be another test coming sooner than many feared.

Montenegros CGES Gets Permit to Upgrade Budva-Markovici Transformer Station

Montenegro's CGES Gets Permit to Upgrade Budva-Markovici Transformer Station

Montenegrin majority state-owned power transmission system operator Crnogorski Elektroprenosni Sistem (CGES), has received a construction permit for the upgrade of a 110/35 kV transformer station in the Adriatic municipality of Budva, data from the ministry of sustainable development and tourism indicated on Monday.

Romania Day - Ahead Power Sales Volume Up 25.2% Y/Y in January

Romania Day - Ahead Power Sales Volume Up 25.2% Y/Y in January

The volume of electricity sold on Romania's day-ahead market grew by 25.2% on the year to 2.22million MWhin January, while prices rose by an annual 11.3% in euro, the country's power market operator, OPCOM, said on Monday.

If Greece is Left to go Bankrupt

If Greece is Left to go Bankrupt

By April or May or even before, that makes no difference, Greece will run out of cash and the government will have no money to pay salaries and pensions. Unless ECB makes the payments to Greece as scheduled. This means that the “bras de fer” between the Greek government and the Eurogroup, in one way or an other, will come to an end.

After Syriza: When Fringe Becomes Mainstream

After Syriza: When Fringe Becomes Mainstream

The political tsunami unleashed bySyrizainGreecemade many dreamers in Europe among “fringe”, some even downright extremist, partieshoping to emulate that success.

Podemos Top Spanish Poll

Podemos Top Spanish Poll

Podemos, Spain's anti-austerity left party, is leading the pollswith 27.7%. The centre-rightPopular Party are second on 20.9%, the centre-left PSOE are on 18.3% with the liberal Ciudadanoson 12.2%.

UK Prepares for Grexit

UK Prepares for Grexit

David Cameron, the British Premier has led a meeting to prepare for a possible Greek exit from the Eurozone.

Yanis Varoufakis - The Occasional Marxist

Yanis Varoufakis - The Occasional Marxist

He was controversial in Greece even before being chosen by the leftist premier Alexis Tsipras to rescue the country’s finances. For some, Yanis Varoufakis is a brilliant, unconventional economist; for others, he’s just a compulsive liar: “Baroufakis”, as some call him, a rather much too easy pun on “baroufa”, a slang word for nonsense.