Surgut Neftegaz appears to have vastly overpaid for OMV's stake in MOL. The Russian company bought the 21.2 percent stake for 1.4 billion Euros on March 30 on the Budapest stock exchange. The average purchase price per share was 19,200 Hungarian Forint, almost double the... MORE

The Kremlin-connected oil company Surgut Neftegaz has surreptitiously bought Austrian OMV's entire 21.2 percent stake in Hungary's MOL Oil and Gas Company. European Union authorities, the privately owned MOL, and Hungary are aghast at Surgut's move and OMV's collusion with it. Budapest and Brussels were... MORE

Moldovan President Vladimir Voronin has pulled back at the last moment from the brink of a separate deal to put Russia in the driving seat of negotiations on Transnistria. The March 18 joint declaration by Russian President Dmitry Medvedev, Voronin, and Transnistria leader Igor Smirnov... MORE

The joint declaration by Russian President Dmitry Medvedev, Moldovan President Vladimir Voronin, and Transnistria leader Igor Smirnov, signed in Moscow on March 18 (EDM, March 20, 25, 26), is serving Smirnov well as a negotiation-breaker. Citing points in that declaration, Smirnov is now calling openly... MORE

Moldovan President Vladimir Voronin's signature on the March 18 Moscow declaration, with Russian President Dmitry Medvedev and Transnistria's leader Igor Smirnov (Interfax, Russian MFA website, March 18, 19; EDM, March 20, 25), amounts to a surrender in the final days of Voronin's presidency. This political... MORE

Russian President Dmitry Medvedev's March 18 meeting with Moldovan President Vladimir Voronin and Transnistria leader Igor Smirnov (EDM, March 20) was designed to mark a qualitatively new stage in the long-running negotiations on the Transnistria conflict. While continuing to block the conflict resolution negotiations, Russia... MORE

Moldova's Social-Democrat Party is being led by the tandem of former Prime Minister Dumitru Braghis (1999-2001) and young businessman-politician Eduard Musuc in these elections. The party targets both Moldovan and "Russian-speaking" voters. Accordingly, it promises to seek an association agreement with the EU, a strategic... MORE

Moldova's opposition parties are small and leader-centered. Most of the opposition parties compete against one another for the same segments of the electorate or for overlapping segments. In these cases party labels are also often irrelevant or misleading. For a country that does not have... MORE

Moldova will hold parliamentary elections on April 5, and its new parliament will elect the new president and confirm a new government. Incumbent President Vladimir Voronin's second, final term of office expires in April. The transition process ahead will severely test the country's weak political... MORE

During a recent public debate in Brussels on Turkey's energy policies, several panelists advised Turkey's Energy Minister Hilmi Guler, who participated in the panel, that Ankara is "overplaying its hand" by setting unacceptable terms for the transit of Azerbaijani gas to Europe. Such tactics in... MORE