Natural gas discoveries in Eastern Mediterranean can permanently divide or reunify Cyprus. Long divided between the north and the south, the island's issues have caused deep rifts within the region. Can the ...

As the European Union is currently facing a standoff with Moscow over the Eastern Partnership and regional trade deals, more Russian attempts to bully Europe with gas should perhaps be expected this ...

Considered the Soviet Union's "16th republic" in all but name, during Communist times Bulgaria was one of Russia's staunchest allies. After the democratic changes in 1989, the relations between the two countries ...

In the first article on "Baltic Lessons on Privatization Alternatives, part 1" we briefly discussed Lithuania's experience in choosing an alternative to state-owned enterprise (SOE) privatization for supporting its budget.

The persistence of state ownership among major Russian blue chip companies, ranging from energy to finance to infrastructure, is among the globally more prominent ones.

Another Russian monopoly could undergo privatization this year. After announcements of plans to sell parts of, among others, the diamond company Alrosa and the country's second-largest bank VTB, the latter could play ...

If developed properly, Arctic gas may turn Russia into a leading global LNG player.

Although one might not expect this, the State Duma rarely votes in unison. However, this week saw such an occasion, when all 444 Duma deputies voted yea to extend the Free Housing ...

Russia's economic expansion strategy beyond its borders has stayed the same over the years. Champions of the Kremlin, such as Gazprom, Rosneft and Sberbank, acquire a dominant state-owned asset in their respective ...

In the privatization drive of 2012, President Vladimir Putin announced the government's intention to sell 25 minus one percent of Russian Railways, but plans have since gone somewhat off track.