Russia To Honour All Hungarian Energy Contracts While Suggesting It May Halt Other Supplies To The European Union
Russian President Putin has assured the Hungarian Prime Minister and Foreign Minister that Russia will do everything in its power to maintain gas supplies to the country. However, he has also said he may shortly cease gas supplies to Europe as Russia is looking for new markets to develop and the European supply situation is a dead-end for Russia. That puts the EU in a serious predicament as supplies from the Middle East are also drying up. We look at how Europe got into this position, and has diminished its standing with Moscow without making adequate contingency plans.
Русский







