Serbia has raised the combat readiness of its troops on the border with Kosovo as a four-day flare-up over mutual recognition of state authority bedevils the Balkan neighbors, with Serbia’s president suggesting there are limits to what Belgrade will “tolerate.” Source Radio Free Europe
Pipeline gas supplies from Russia to Europe in 2021 reached historic highs, Gazprom increased gas production year-on-year by 18.4%. The accusations that Gazprom is not supplying gas to Europe are absurd, Head of Contract Structuring and Price Formation Directorate for Gazprom Export Sergey Komlev said in his article for Gazprom corporate magazine. Source TASS
Sweden’s government and Public Health Agency confirmed that it will definitely go ahead with the fourth and penultimate stage of its re-opening plan next week, with a firm warning for unvaccinated people. Source The Local
Gefira tracks the global players in Europe, the USA, Russia and China and anticipates the consequences of their policies
Gefira No. 9 is now available at a discount. 160 euros for 10 issues a year plus access to our archives.
Europe's geopolitical situation resembles that of 1913.
The enlargement of the European Union to the east, Germany's Ostpolitik, economic power and its reluctance to align its policy with France's and Italy's make the break-up of the Union unavoidable. While Germany is gaining a status of a financial superstar, German society is starting to disintegrate.
Nobody dares to ask, but the ECB board is bracing itself for the upcoming break-up of the euro. The Gefira team explains why France or Italy will leave the euro and we investigate how the ECB is preparing for the looming euro collapse.
