Tired of being bullied by its giant neighbour, Ukraine is cutting its dependence on Russian gas
Earlier this month the Party of Regions once again won Ukraine's parliamentary elections. The results were not quite as clear-cut as Victor Yanoukovitch, the president, would have liked them to be, with the muzzled opposition still able to muster a quarter of the votes. But with the help of new allies and old friends, his party should be able to retain the chambers' majority - and its monopoly on domestic political power.
This should drive Ukraine closer to Russia, in principle. Yanoukovitch has long been a member of the country's pro-Russian camp, and the recent authoritarian undertones of his tenure, having alienated many in the West, naturally guide him towards its bigger neighbour. And Russia will be welcoming Kiev with open arms. It's been trying to regain influence in Ukraine for a decade, and after all the support it gave to the Party of Regions during the elections, it will no doubt demand closer ties as a payback for its help.
But one burning issue still has the potential to spoil it all: gas policy.Read More