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Kostis Geropoulos

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Economic woes drive oil lower
Comment
Posted May 20, 2012

On 18 May, oil prices slipped below $107 a barrel and hit a 2012 low as fears that Greece would leave the euro and a downgrade of 16 Spanish banks by Moody's increased the possibility of a major impact on growth and slower oil demand.

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G8 summit: Putin conspicuous by his absence
Comment
Posted May 18, 2012

Russian President Vladimir Putin decided not to attend the Group of Eight (G8) summit hosted by US President Barack Obama to be held at the Camp David US presidential retreat in Maryland on 18-19 May.

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The old new Russian president
Comment
Posted May 13, 2012

In Russia, there is a second New Year recognised – the Old New Year (stariy noviy god), which takes place after the regular New Year more universally observed. On that note, Russians joke that Vladimir Putin is the old new Russian President. On 7 May, Putin took back the formal reins of...

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EU delays give Russia first-mover advantage
Comment
Posted May 13, 2012
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EU calls for ‘non-Russian sources’ of gas
Comment
Posted May 11, 2012

The Russian-backed South Stream gas pipeline has never been a European priority, a European Commission spokeswoman told New Europe on 10 May. “Why? Because it diversifies routes but not supply as it is supposed to bring Russian gas to the EU,” she explained.

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