Russia boosted natural gas supplies to Germany by almost 50 percent in the second quarter, while Russia struggled with weaker demand from its former Soviet allies.
Gazprom PJSC’s deliveries to Germany jumped to 11.7 billion cubic meters compared with 7.8 billion a year earlier, the highest quarterly level since at least 2010. Source Bloomberg
- European citizens are due to vote on new representatives for the European Parliament between May 23 and 26.
- However, years of economic stagnation and long-lasting crises over immigration in Europe have translated into a push toward anti-establishment parties across the continent.
France is sending its ambassador back to Italy following the biggest diplomatic dispute between the two countries since World War II. Source: Star Tribune
The demonstrations were sparked nearly three months ago by President Emmanuel Macron’s introduction of fuel taxes, but quickly morphed into a more general revolt against austerity measures, and the political establishment in general, despite a Government climb-down over the tax. Source: UN
