The European Union took the first step with its February 8 vote towards turning Russia’s gas monopoly, Gazprom, from an instrument of Russian power politics into a regulated utility, deprived of its monopoly power. In an odd twist, Germany, the self-proclaimed guardian of European unity, found itself politically isolated from the rest of Europe, which sided with U.S. President Donald Trump. A bitter pill for Germany to swallow.
OP-ED
Paul Gregory: Merkel salvages Nord Stream
A helicopter flies over the Nordstream gas pipeline terminal prior to an inaugural ceremony for the first of Nord Stream's twin 1,224 kilometre gas pipeline through the Baltic Sea, in Lubmin Nov. 8, 2011.
