November 7, 2009

What is Gas War Good for?

EU-Reporter's Gary Cartwright warns us about another round of Russia-Ukraine gas war. While Ukrainian politics is gridlocked by former allies, President Yushchenko and Prime Minister Tymoshenko, Russia's Prime Minister Putin steps in to remind Europe that Russia's gas supplies can be again affected by the unstable political situation in Ukraine:

"Putin appears to be trying to draw the EU into its dispute, which one might see as manufactured in a committee room just off Red Square, claiming that Brussels is making the situation worse by refusing to subsidise Kiev. The Ukraine had asked the EU for a $4.2 billion loan to pump Russian gas into its underground storage tanks. "The EU has not given Ukraine any money," Putin told leaders of his United Russia party on Friday. "Ukraine has not received a single cent, not one hryvnia."

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