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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.57-0.2%Dec 18 4:00 PM EST

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To: elmatador who wrote (10115)10/15/2006 3:35:58 PM
From: critical_mass  Read Replies (1) of 218593
 
Russia joining the EU is on the cards.

It does not seem likely in the next 5 years.

Putin just concluded a visit to Germany, first to Dresden where he took part in the city's 800 year celebration and discussed energy. Later, he visited Bavaria, which exports a lot of technology to Russia.

Putin offered to make Germany a distribution point for European gas, but he wants a free trade zone with Europe, less resistance to the investment of Russian money in Europe, and even visa free travel for Russians in the EU. These proposals have met with quite a bit of resistance.

Putin caused a bit of a stir two weeks ago proposing a large investment in EADS accompanied by board seats. It was unconditionally rejected by both the French and Germans.
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