Russia looks set to grab more market share in Europe’s natural gas sector in the first half of this year after gaining ground in 2016 despite EU efforts to diversify away from Moscow’s energy exports and a global glut of liquefied natural gas. The United States sent only two shipments to Europe. Source: Reuters
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Italy’s plans to bail out two regional banks pose a tough dilemma to European regulators, who are still considering whether Monte dei Paschi qualifies for state aid, three months after giving a preliminary green light. Source Reuters
Catalonia’s regional parliament, which is dominated by parties that want the region to break away from Spain, approved Wednesday a 2017 budget that includes funding for an independence referendum. Source The Local
Catalonia’s separatist government on Sunday again urged Spain’s central government to let it hold a legal referendum on independence like the one Scotland staged in 2014 with London’s approval. Source the Local