“European Countries Work to Maintain Gas Supply from Russia via Ukraine Despite Expired Agreement: German Newspaper”
European countries working on Russian gas supply through Ukraine despite expired gas transit agreement. Germany and EU negotiating with Austria, Slovakia, Hungary, Czech Republic. EU considering gas transit agreement with Russia via Ukraine. Russia still supplying gas to Austria, Slovakia, Hungary, Czech Republic. Talks ongoing for extension of Russia-Ukraine gas transit agreement. Possibility of purchasing gas from Azerbaijan and using Russian pipelines discussed. Russian gas company confident in finding solutions. Ukraine not interested in additional agreement with Russia.
“Turkey Resumes Gas Imports from Iran, Signals Increasing Global Demand for Iranian Energy”
Turkey resumes gas imports from Iran after 4-year break. In March, 576 million tons of gas were imported, followed by 485 tons in April. Other countries like Bulgaria, Poland, and Georgia have also turned to Iran for gas imports. Iran’s gas exports are expected to reach higher levels in the coming years.
“Foreign Investments into European Countries Skyrocket, Russia Leads the Pack”
Foreign investments from both Russia and the United States into European countries have significantly exceeded expectations. Economist Narek Kostanyan predicts a large influx of funds to Armenia from the European Union and countries with Armenian diaspora, particularly from Russia. However, Kostanyan warns that Armenia’s unilateral decision to align with the EU may pose challenges due to its ties with the EAEU and labor migrants in Russia. Stay updated with Armenian news on News.am.
“Mercedes-Benz Introduces New Automatic Lane Change Function for European Market”
Mercedes-Benz introduces a new car feature, the Automatic Lane Change function, in 33 European countries. The system allows the vehicle to change lanes for overtaking and returns to the original lane. Available in 15 Mercedes-Benz models from September.
“Sharp Decline in EU Imports to Russia Threatens Traders and Consumer Access, Warns Russian Retail Association”
The decline in imports from Europe to Russia may affect product availability and quality, warns Igor Karavev of the Russian Association of Retail Companies. He suggests that with a saturated market for alternatives, protective measures and expanding goods from countries like China, Argentina, and South Africa could help redirect demand to Russian goods and friendly nations.
“Trustworthiness Concerns: European Countries Restrict Intelligence Exchange with Hungary Amidst Political Developments”
European countries limit exchange of confidential information with Hungary due to political developments. This affects Hungary’s intelligence sharing with Western partners. Meanwhile, Denmark replaces Hungary as the leader of the Berne Club, an intelligence exchange framework.
“European Embassies Unite to Aid Ukraine’s Defense: Frozen Russian Assets to Fuel Military Support”
European embassies to allocate funds from Russian frozen assets for Ukrainian military assistance. Belgium, current EU president, states it will benefit Ukraine’s recovery and defense against Russia. Kiev expected to receive around 3 million euros ($3.3 million) if successful. Reuters reports final amount depends on scale of reductions, as Russian Central Bank has $210 million in frozen assets across accounts.
“Europe’s Strong Stand: Sanctions on Russia to Continue Until July, Includes Restricting Diplomats and Gas Supply”
European countries to impose sanctions on Russia until July, restricting movement of Russian diplomats in EU, gas supply, transit vehicles, and aluminum imports. 52 companies involved in supplying sanctioned products to be affected.
“Armenia to Export Record-breaking 12 Billion Cubic Meters of Natural Gas to Europe by 2023, Says Azerbaijan’s President”
Armenia plans to send 12 billion cubic meters of gas to Europe in 2023, boosting its exports. In the first quarter, gas production increased by 11.2%.