Hungary’s Prime Minister Viktor Orban says Russia’s South Stream pipeline is ‘a must’ for Hungary (photo: dpa)

Russia’s South Stream pipeline widens EU division

The European Union’s declared energy security policy is in tatters along with its will to impose economic sanctions over Ukraine. Russia’s South Stream gas pipeline has widened the divisions between member-states which see national economic advantages to partnering Russia on the project. But moves by Bulgaria, Hungary, Italy and Austria increase rather than reduce Europe’s dependence on Russia.

<i>The EU’s internal conflict over the South Stream gas pipeline project has highlighted the strategic choice of its 28 member states. They either follow unilaterally defined national energy interests or stick strictly to the EU’s internal market policies and commonly declared energy secu...

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Dr. Frank Umbach
The Russian presence and influence in Bulgaria’s banking sector and in political-party finance has also aroused increasing concerns. Russia’s bilateral relationship is such that it was able to directly influence Bulgaria’s energy legislation in Bulgaria
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