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European Union

Germany under fire from neighbors for its dependence on Russian energy

by Stephen Beard
Aug 3, 2022
Fear that Russia may terminate all natural gas flows to Europe's largest economy is causing friction among EU countries.
Some countries in Eastern Europe objected to Germany building ties with Russia around natural gas imports via the Nord Stream pipeline. Now, Germany is scrambling to prepare for additional supply cuts.
Odd Anderson/AFP via Getty Images
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How natural gas cutbacks in the EU could impact U.S. farming

by Lily Jamali
Jul 28, 2022
Natural gas is used to manufacture ammonia, which is a key ingredient in fertilizers.
A view shows a facility of German chemical giant BASF at the Alsachimie industrial site in Chalampe, eastern France, Jan. 17, 2022.
BENOIT TESSIER/POOL/AFP via Getty Images
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Natural gas strategy tests Europe's unity against Russia

by Lily Jamali
Jul 22, 2022
European leaders worry about the risk of a supply shortage in the winter, though member nations have different levels of energy security.
An industrial plant in Germany that uses Russian natural gas. Germany, the largest economy in Europe, is also the most dependent on the Russian resource.
Edouard Merlo/AFP via Getty Images
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The EU wants Europeans to cut natural gas use 15% in case Russia limits supply

by Lily Jamali
Jul 20, 2022
Several EU nations, including Germany, depend on Russian gas. The Nord Stream pipeline reopens Thursday, but supply is uncertain.
The Nord Stream 1 pipeline brings Russian natural gas to Western Europe. The European Union is asking member nations to conserve gas to prevent a potential energy crisis.
Edouard Merlo/AFP via Getty Images
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U.S. pushes for Russian oil price ceiling. Feasible?

by Matt Levin
Jun 28, 2022
Advanced nations will evaluate the idea in an effort to limit Russia's energy revenue. But Russia could retaliate.
An oil refinery on the outskirts of Moscow. Although the advanced nations are considering a price cap on Russian oil, Russia could retaliate by shutting off the flow of natural gas to Europe.
Natalia Kolesnikova/AFP via Getty Images
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Is European resolve against Russia’s war beginning to soften?

by Stephen Beard
May 31, 2022
The EU has just unveiled a punitive ban on oil imports from Russia — but the Ukrainian government is unimpressed.
The Ukrainian flag at the European Parliament building in Brussels. The European Union's ban on the majority of oil imports from Russia is too weak to satisfy Ukraine and some EU member nations.
François Walschaerts/AFP via Getty Images
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Why the U.K. is threatening to tear up part of its Brexit treaty with the European Union

by Stephen Beard
May 27, 2022
The British move to change unilaterally part of its withdrawal deal with the EU could trigger a trade war with the bloc.
The Brexit grace period is over for most nonfood products arriving in Northern Ireland from the British mainland, and a wide swathe of goods already has been squeezed out of the Northern Ireland market.
Dan Kitwood/Getty Images
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How much has Putin’s war damaged Russia's economy?

by Stephen Beard
May 2, 2022
As sanctions take their toll and Russia's leader writes off Western markets, analysts count the costs for the nation's people and businesses.
As Russia's war on Ukraine continues, ordinary Russians face economic burdens.
Natalia Kolesnikova/AFP via Getty Images
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Russia cuts off gas exports to Poland and Bulgaria

by Lily Jamali
Apr 27, 2022
The economic showdown between Russia and the EU enters a new phase
Russia's energy giant Gazprom exports gas to Poland and Bulgaria. As of today, the two countries are completely cut off.
Nikolay Doychinov/AFP via Getty Images
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Victory for Le Pen in France's presidential election would have big repercussions for France — and the rest of the EU

by Stephen Beard
Apr 22, 2022
The leader of France's far-right National Rally party has promised radical change if she wins the presidency.
Though opinion polls show a Marine Le Pen victory as unlikely, she was at one point only 3 percentage points behind President Emmanuel Macron.
Thomas Samson/AFP via Getty Images
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