Putin Warns EU That Gazprom Antitrust Probe May Cause Losses
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Russian President Vladimir Putin warned the European Union it should resolve an antitrust probe into Russia’s gas-export monopoly, OAO Gazprom, to avoid “losses on both sides.”
The 27-member EU is trying to shift the responsibility for subsidizing former Soviet bloc EU members onto Russia because of economic weakness, Putin said today at the Asia-Pacific Economic Cooperation Summit in Vladivostok. The EU on Sept. 4 announced that it’s investigating Gazprom’s long-term gas supply contracts in central and eastern Europe.