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September 1, 2014

Bryza: Call Putin’s Bluff- He Will Not Cut Off Europe’s Gas

By Matthew Bryza

Eurasia Center Nonresident Senior Fellow Matthew Bryza writes for the Financial Times on how Europe can survive this year’s winter without importing more Russian energy:

In Hans Christian Andersen’s classic tale, two tailors promise to make an emperor a suit that is invisible to unwise people. When the emperor greets his subjects in his new clothes, only a boy has the good sense to cry out: “But, he isn’t wearing anything at all!” Such plain-spoken truth is urgently needed to dispel a myth that hobbles European strategic thinking: that Europe is too dependent on Russian natural gas to risk a serious row with Russia over its escalating war against Ukraine.

As Moscow prepares to instigate a crisis over this winter’s natural gas supplies, Europe can secure its interests by remembering that Russia is dependent on Europe as its primary gas export market – and by preparing to weather the winter without buying Russian gas.

Read the full article here.

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