Serbia's Energy Shift: Balancing the EU and Russia

Serbia is actively working to diversify its energy sources away from Russia, according to President Aleksandar Vucic in an interview with Reuters. Engaged in talks to purchase natural gas through a European Union mechanism, Serbia aims to reduce its dependence on Russian gas, of which it currently imports over 80%.

The Balkan nation, aspiring to join the EU, faces pressures to find alternate energy sources to lessen financial support flowing to Russian President Vladimir Putin's Ukraine conflict. Despite maintaining historic ties with Russia, Serbia failed to secure a new long-term contract with Gazprom, turning to European supply avenues instead.

Efforts to join the EU are abundant, but challenges remain including EU demands on improving the rule of law and reducing corruption. Vucic has pledged to tackle these issues, with ongoing debates about judicial reforms. He hints at upcoming snap elections, showing commitment to addressing national grievances and maintaining his governance legacy.