Latest Articles about Europe

Ukrainian Chief Banker in Legal Limbo

The Ukrainian parliament has exacerbated both the political and economic crises in Ukraine by voting to dismiss National Bank (NBU) head Volodymyr Stelmakh. Consequently, it is not clear who is running the central bank in a country that has been among the hardest hit by... MORE

Recent Initiatives to Advance the Nabucco Project

While the Nabucco pipeline remains clearly the centerpiece of the Southern Corridor project, Nabucco alone—even in its second, full-capacity phase—would be far from sufficient to cover the rise in European demand for non-Russian gas in the next decade. A fully-developed Southern Corridor could achieve the... MORE

Hungary to Host Nabucco Summit in a Reshaped Strategic Context

Hungary is hosting a high-level meeting of active and potential participants in the Nabucco gas transport project on January 26 and 27. Top officials of supplier, transit, and consumer countries; international financial institutions; the European Union; and the United States are expected to participate (MTI,... MORE