EMerging Equity
Lithuania
Poland To Construct Watchtowers Along Border With Russia’s Kaliningrad
NATO member Poland will build observation towers along its 200-kilometre-long border with Russia’s exclave of Kaliningrad, Polish news agency PAP reported on Monday. According to the report, six towers ranging from 35 to 50 metres in height will be constructed to ensure 24 hour CCTV monitoring of the border with Kaliningrad. The cost of the towers is estimated to be over 14 million złoty (3.7 … Continue reading
Russia Reportedly Threatens Nuclear Strike Over Baltics
By BNE IntelliNews Russia has threatened a nuclear strike over NATO’s buildup in the Baltic states, as well as to deter any threat to its control of Crimea, according to unsubstantiated reports in the UK press. Moscow has threatened all-out war with the West, including the use of its nuclear arsenal, should NATO continue to strengthen its … Continue reading
New EU Energy Union Looks To Break Dependence On Russia
By Alina Yablokova and Global Risk Insights On February 25, the European Commission presented its Energy Union package of proposals, a first major step made by the European legislators to realise the strategy of coordinating the energy policies of the 28 EU member states. Indeed, the European Commission envisages a union that speaks with one voice … Continue reading
Chevron Hammers Another Nail Into Polish Shale Gas Coffin
By Tim Gosling in Prague BNE Chevron announced on January 31 that it is to quit its hunt for Polish shale gas. The last but one energy major to traipse out of the country, the US giant looks to have put the final nail in the coffin of Warsaw’s dreams of leveraging its shale reserves to … Continue reading
Gazprom Reinforces Grip On Baltic With LNG Terminal Plan
By BNE Russia plans to build a giant liquefied natural gas (LNG) terminal on its Baltic coast that could disrupt efforts to construct a pan-regional facility to serve Latvia, Lithuania and Estonia. Russian gas giant Gazprom said on January 22 that it will build an LNG terminal at the sea port of Ust-Luga. The facility is planned to be capable of … Continue reading
Lithuania Joins Eurozone Despite 40% Of Population Being Against
Lithuania has celebrated the New Year by joining the eurozone. The decision is country’s bid to boost stability despite inflation fears and euro zone debt troubles. However, according to a November poll about 40 percent of the population opposed the move. Lithuanian Prime Minister Algirdas Butkevicius was withdrew his first 10 euro from Vilnius cash … Continue reading
South Stream 2.0: The Energy Wars Continue (Part I)
By Pyotr Iskenderov In the next few years, Russia’s decision to put a stop to the South Stream project will become a deciding factor in how the energy situation develops not just in Europe, but in the whole of the Eurasian continent. Essentially, we are dealing with an energy war unleashed by the United States … Continue reading
Poland: ‘Unprecedented’ Russian Action In Baltic Region
Polish Defense Minister Tomasz Siemoniak has said Russia’s military is engaging in an unprecedented amount of activity around the Baltic Sea. “Over the past few days we have seen unprecedented activity by the Russians in the Baltic Sea, both the Baltic fleet and Russian aircraft,” Siemoniak told Polish broadcaster TVN24. The minister said that Poland, … Continue reading
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