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Russia muscles into European nuclear industry

BERLIN — An deal to give Russia a foothold in Hungary's nuclear future is the best business pact Budapest has made in the past 40 years, a leading Hungarian official says. But critics say it’s a sweetheart deal that may as well have been written by Mephistopheles, the demon of German folklore.

Why Russia must reform its energy sector

Russia must urgently reform its energy sector if it is to remain a global player in the energy markets, according to experts and business leaders speaking at the St. Petersburg International Economic Forum.
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