The Problems Of Yanukovych And Prospects For Ukraine

By Vasil Shparluk

The rise of Yanukovych to power will become another challenge for Ukrainian democracy. It's obvious, he won't promote it, as democratic values are strange for him by nature and during his activity within opposition, he has hardly changed his views on policy and democracy. History is full of examples, when democrats became autocrats and there are only few of them, when it happened vice versa. Right after the elections Yanukovych allowed himself to say that he would rule the country for the following 10 years. READ MORE

RosGas AG to Control 20 Percent of Hungarian Gas Distribution

By Roman Kupchinsky

Barely nine days after the Hungarian gas trader Emfesz KFT announced that it will begin receiving supplies of 3 billion cubic meters annually from the Zug (Switzerland) based company RosGas AG, rather than the now inactive RosUkrEnergo (RUE) the Russian press reported that Emfesz has been sold to RosGas. Thus RosGas, a little-known company, now controls 20 percent of the Hungarian domestic gas distribution market. READ MORE