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Europe And Russia: A Necessary Cooperation


  • Rãzvan HAGIMÃ

    () (“Alexandru Ioan Cuza” University, Doctoral School of Economics and Business Administration Iasi, Romania)

  • Delia Vasilica ROTARU

    () (“Alexandru Ioan Cuza” University, Doctoral School of Economics and Business Administration Iasi, Romania)


This paper offers an overview of the cooperation between the European Union and Russia in the energy sector. The European Union has been dependent on the imports of gas from Russia and has been looking to find alternative resources being conscious that a conflict with Russia would lead to disastrous effects if the country would stop supplying gas to Europe. The article also offers a point of view for the major pipeline projects that involve Russia and the EU and that would influence their cooperation such as South Stream, Nabucco and Trans-Adriatic.

Suggested Citation

  • Rãzvan HAGIMÃ & Delia Vasilica ROTARU, 2014. "Europe And Russia: A Necessary Cooperation," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 13, pages 175-187, June.
  • Handle: RePEc:aic:revebs:y:2014:i:13:hagimar

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    More about this item


    energy security; gas resources; Nabucco; South Stream; Trans-Adriatic;

    JEL classification:

    • L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products


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