Beware of cheap oil!

Low oil prices give European economies a boost, but in terms of foreign and security policy, Europe’s neighbourhood faces more instability as oil-producing countries struggle with a fiscal crunch.

• Primary Source

ESO: Background information: Falling oil prices should help Europe’s ailing economies, but the wider implications of the price drop remain to be seen http://www.europeansources.info/record/falling-oil-prices-should-help-europes-ailing-economies-but-the-wider-implications-of-the-price-drop-remain-to-be-seen/

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