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Putin offered Energy Union to Europe

Russian Prime Minister Vladimir Putin proposes to EU to create a single energy complex – Russia and cancel the Third Energy Package.

“We need to think about deeper cooperation in the energy field – or even create a single European energy complex” says the Prime Minister in an article in which the topic of cooperation with Europe is seen only after a detailed description of the development prospects of relations between Russia and the Asia – Pacific region.

The first steps in the proposed area were made ​​in the gas sector, said the head of the Russian government. “Nord Stream under the Baltic Sea and South Stream across the Black Sea are supported by the governments of many countries, they contribute at the major European energy companies. After full commissioning Europe will receive reliable and flexible system for gas, not depend on anyone’s political whims. This will not formally, but actually strengthen the energy security of the continent” said Putin.

Putin calls to repeal the third energy package, whose requirements prohibit providers of energy inputs to control the transport infrastructure, stating that it complicates relations between Russia and the EU in the energy sphere.


Europe and the euro are on the edge

Europe and the euro are on the edge, warned one of the initiators of the European Common Market and a former European Commission president Jacques Delors in an interview with Belgian newspaper Le Soir and the Swiss Le Temps, quoted by RIA “Novosti”.

86-year-old Delors said that the meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy on Tuesday did not lead to real solutions for the withdrawal of euro area debt crisis.

“Let’s open our eyes – the euro and Europe are on the edge. I think the choice is simple: either the Member States would agree to closer economic cooperation, which I’ve always wanted, or will provide additional powers to the Union”, he said, referring to the European Union.

In his second of the two options was rejected by a majority of the 27 Member States and remains the first.

Delors also believes that the refusal of closer economic cooperation with the community threatens disintegration.

After meeting on Tuesday Merkel and Sarkozy proposed to establish a common economic government for the euro area member states, led by President of the European Council, Herman Van Rompuy.

In addition, they offer an additional tax on financial transactions, but said it considered premature to introduce the idea of ​​bonds, common to the euro area.

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