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Energy cooperation between Turkey and Russia has ramped up in recent years. If it grows any closer, it could threaten EU interests, especially the key Southern Gas Corridor project. But Turkey's own interests are also at risk if its dependence on Russian gas supplies grows. The question is whether President Recep Tayyip Erdogan will prioritize diversification – and therefore cooperation with the EU and Azerbaijan – or placating his domestic political allies.
Dr. Frank Umbach
The relationship between Turkey and the EU has been rocky ever since the political crackdown after last year’s coup. Moscow has stepped in to enhance cooperation with Ankara, especially in energy. While Turkey is attempting to limit its dependence on Russian gas imports, all its options are complicated. This new relationship between Turkey and Russia has stark consequences for Europe’s energy security.
Nord Stream 2 pipeline, the most controversial energy project in Europe, is
putting strain on Germany’s relationship with other European Union members.
Berlin’s support of the project at the expense of other partners could deepen
rifts in the EU and lead to a renationalization of energy policies, especially
in Central and Eastern Europe.
A quarter of a century since the fall of Communism, the Western Balkans – Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro and Serbia – remain among the most underdeveloped parts of Europe. The absence of foreign direct investment (FDI) has hobbled the transition of these six countries from central planning to a free market economy. This situation po...
Professor Dr. Blerim Reka