October 2016

Nuclear energy is an important factor of development

By D.Rozanov

France is proud of its achievements in the development of nuclear energy. Nationwide, there are 58 reactors, which together produce more than 400 billion kilowatt-hours annually, or more than 75% of the total electricity generated. Branch provides a less high electricity prices for domestic consumers, compared with many European countries, which is very important in modern conditions.

Looking for Changes. Montenegro Elections Results

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Montenegro approached its latest elections in the state of a crisis caused by a whole range of socioeconomic and political factors. Montenegro’s socioeconomic problems, for instance, a high unemployment rate, are typical for the entire region. As regards the political reasons, one could single out dissatisfaction with Milo Djukanovic’s regime and attempts to draw the country into NATO which have intensified since mid-2014. The situation was quite tense last year. The opposition held several protests, even in the parliament. On January 27, 2016, the ruling coalition split after the Social Democratic Party left.

Turkish Stream: The Cost of Russia’s Stubbornness

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Unlike Russian gas pumped via Ukraine and Germany, that flowing through Turkey will face tough competition from Azerbaijani, Iranian, Iraqi, and possibly even Turkmen and Israeli gas. Gazprom’s rivals won’t need to ship their gas as far, and they will have much lower pipeline construction costs. The gas market in southeastern Europe is not that big and doesn’t have a lot of room for growth.