Europe and Its Slippery Energy Slope

BRATISLAVA, Slovakia -- Europe, at present the world's largest market and largest economic bloc, is in decline and living standards are in danger. That was the sober message at an energy conference here, delivered by a battery of speakers from across eastern Europe.The narrative is that energy is what is dragging Europe down – not low birthrates and pervasive social-safety networks, but increasing dependence on expensive energy imports and hopelessly tangled markets.Although delegates gathered to discuss the particular problems of eastern…

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