June 20, 2014

Europe's Energy Problem

Desmond Lachman, The American

The Associated Press

Fast-moving events in Ukraine and the Middle East highlight the need for Europe to improve its energy policy. In particular, they underscore Europe’s excessive dependence on Russian energy supply, which poses a major risk to its economic growth prospects. That dependence also constitutes a serious impediment to Europe’s foreign policy, limiting its ability to maneuver, as has been all too clear during the recent U.S. attempt to impose meaningful economic sanctions on Russia for its activities in Crimea and eastern Ukraine.

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TAGGED: Europe, Energy, Russia, Ukraine

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