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Hungary feels the game of the energy superpowers better than the average of the EU. In the interest of the alleviation of the cat and mouse game the EP candidates would build new pipelines, energy industry investments would be favored as well as common member state energy politics would be drawn up – emerges from the parties' EP programs.
Photo: zazzle.com
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One of the most commonly raised excuses for not voting in the European Parliament elections in “small” countries (i.e. not major powers) – such as Hungary – is a sort of inferiority complex. That is, our votes, and our small number of MEP delegates will not be able to achieve much, and the most important issues do not even pass through the EP anyway. However, news of the last few months may prove these two points wrong (partly, at least): small countries can have an impact on the European agenda, and so does the EP.
Photo: Flickr/ClareSnow
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Everybody knew it was coming, but nobody could imagine the extent of the current gas dispute between Russia and Ukraine , especially the dire consequences it would bring to consumers in Central and South-East Europe. Fortunately, due to its substantial gas storages, its own production and imports from Western neighbours, Hungary turned out to be the better prepared among the group most affected by the gas supply cut-off. Now, following almost two weeks after the crisis began the end is nowhere in sight, but some lessons can already be drawn about the future of energy politics in Europe and beyond.
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August 7, 2008
OMV has scrapped its plan to acquire MOL and withdrawn its intention to make a $23 billion, Ft 32,000 per share bid to shareholders. OMV noted that the European Commission had issued a Statement of Objections outlining its concerns regarding OMV's potential merger with MOL, which were viewed as a hostile takeover by MOL. Brussels said in July "The merger would remove MOL as the most significant regional constraint on OMV, and at the same time, remove OMV as the most significant constraint on MOL."
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December 10, 2007
Russian Prime Minister Viktor Zubkov assured Hungarian Prime Minister Ferenc Gyurcsány in Budapest on Friday that the northern branch of the South Stream gas pipeline will reach Hungary. The pipeline will ship gas from the Black Sea to Austria.
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All those concerned with foreign politics and energy policy, and in particular with one of today’s Europe’s most pressing issues: energy-dependence, were invited to take part in the debate organised by the Budapest team of cafebabel.com in Café Centrál on June 8 2007. The people gathered together with the aim to get some first hand information – free of political influence – about the European context of the energy business to be able to formulate their opinion on the subject.
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