European Economic Crisis, Russia And The Quest For Energy Security

The rationale of this research goes into the origins of the economic and political cooperation from a different way of economic thinking, hence the professional interest on bringing again into the light the concept energy security and the viable solutions to its quest. A familiar account of the present energy security issue underlines the collapse of confidence between rich raw resources countries and the countries which are not rich, but huge consumers. Nor were these problems of recent origin; they were rooted deep in time into the complicated relations between states, in the economic and political tensions that date back many years. Continuous growth, especially of BRIC countries, overheated the world economy and gained steam because of financial crisis of 2007 and the sovereign debt crisis which menaces European Union to take it out of the economic scene of the world. Considering the evidence analyzed in this paper work, this approach of energy security through Russia`s key role in the Europe future, puts forward new highlights of economic thought.