The article first published in on 11/13/2018.   Two seemingly unrelated events in Europe over the past 20 days point to what cannot be described other than as the slow suicide of  European civilization. On November 9, Chancellor Merkel gave a speech in Berlin commemorating the 80th anniversary of Kristallnacht (lately renamed  Pogromnacht). This 1938 event, which led to the willful destruction of 1400 synagogues, thousands of Jewish stores and the deportation of more than 30,000 Jews to the concentration camps, is widely considered the beginning of the Holocaust. For those familiar with Nazi history, though, the writing had been on the wall long before that.   What Hitler had in mind for the Jews is described in detail in his Mein Kampf and put in practice at the latest by the Nuremberg Laws of September


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About Евгений Кънев

Евгений Кънев е Доктор по икономика, управляващ съдружник на инвестиционна консултантска компания "Маконис". Бил е управляващ директор за Европа на американската компания Tello Corporation и директор Корпоративни финанси в KPMG България. В дългогодишната си кариера на инвестиционен консултант е ръководил голям брой проекти за сливания и придобивания, бизнес оценки и финансирания в редица страни от Централна и Източна Европа и Ирландия. Има магистърска степен по бизнес администрация от Illinois State University (USA) и Диплома по финанси и счетоводство на Асоциацията на сертифицираните експерт счетоводители на Великобритания (ACCA). Специализирал е корпоративни финанси във Великобритания, Белгия и Германия. Лицензиран оценител на търговски предприятия, финансови институции и интелектуална собственост. Автор е на над 100 публикации на инвестиционно-финансови и макроикономически теми и на книгата "Публично-частно партньорство: принципи, модели и политики за частно предлагане на публични услуги".

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  Margrethe Vestager, the EU Commissioner for Competition, made a long-awaited announcement May 24th, outlining the final decision on the anti-trust investigation against Gazprom. The media headlines picked different angles, some cheered the move for defending CEE customers, others pointed to a more pessimistic and pragmatic read – no fine for Gazprom. The press release alluded to the main achievement in the eye of the watchdog – the Russian gas giant had finally agreed to play ball. At a closer look, feelings are mixed and certainly a far cry from unqualified praise for the DG COMP’s work as the expectations in the CEE countries that Gazprom will be disciplined and punished for abusing its monopoly status were naturally greater.   The decision would undoubtedly raise eyebrows, when compared with a


  It is strange to watch that the Bulgarian Energy Holding has opted to push the limits of the patience of the European Commission’s anti-trust body whereas Gazprom has chosen reconciliation.   Concurrently, Russian media are singing praise for Bulgaria, as the only EU member in the CEE that has formally voiced support for Gazprom’s commitment letter – to be used as the basis for a case resolution.   The Directorate-General for Competition is conducting a parallel investigation into BEH on its abuse of a dominant position, which is reminiscent of the case against Gazprom. Easy comparisons might be misleading but rather interesting and revealing.1   The scale of the two cases is incommensurate. There are many nuances, yet the matrix is identical. What is most important – the comparison


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The unusually cold winter renewed the dispute on the real accomplishments in energy security and diversification of routes and sources of natural gas. However, the energy system’s shortfalls exhibited during sustained high demand levels require a deeper analysis than the usual blend of suppliers’ blues and consumer grievances.  The same adage applies to the interconnectors that should have already brought alternative gas supplies to southeastern European customers – enhancing resilience of gas and energy markets to abrupt shock curves.   Experts’ talk hovers around Gazprom’s evolving strategy, adapting to EC policies, using bilateral levers and price dumping, and the impact of inter-governmental agreements that underwrite its supply and transit contracts in CEE countries.   Whereas Romania, Greece and Turkey have already diversified supply sources, including indigenous gas production and flexible


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Sorry, this entry is only available in Bulgarian.