Elias Fakhfakh, New Golden Boy Heading the Tunisian Govt

Tunisian Prime Minister Elias Fakhfakh (AFP)
Tunisian Prime Minister Elias Fakhfakh (AFP)
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Elias Fakhfakh, New Golden Boy Heading the Tunisian Govt

Tunisian Prime Minister Elias Fakhfakh (AFP)
Tunisian Prime Minister Elias Fakhfakh (AFP)

Elias Fakhfakh, a former Tunisian Minister of Tourism and Finance and Social Democratic leader, officially assumed the presidency of the Tunisian government after the October 2019 elections.

Some describe Fakhfakh as the new “golden boy”, and they associate him to his predecessor, Youssef Chahed - who took over the government between August 2016 and February 2020 - to former Prime Minister Mehdi Jumaa (during 2014) and to a group of senior Tunisian officials who entered the political arena after the fall of the rule of Zine El Abidine Ben Ali in the beginning of 2011. Those became known as the “golden boys”.

At the same time, some trade unionists and opposition politicians describe these boys as “France’s men”, indicating that most of them have studied at French universities and assumed responsibilities at the head of French or European economic institutions, and that they had no political role against the rule of Ben Ali before the protests of late 2010 and early 2011.

In any case, Fakhfakh is known for his many friendships in Paris and Western capitals, as his party has been a long-time member of Socialist International, which encompasses 160 political parties, including the French Socialist Party.

Elias Fakhfakh was born in 1972 in Tunis, where he received his early education. He obtained an engineering degree in mechanics and business administration from the Tunisian University in 1995, then moved to France, where he received a master’s degree in mechanical engineering from Lyon’s INSA and a master’s degree in business administration from the University of Évry Val-d'Essonne, on the outskirts of the French capital. He did not return from France until 2006, after obtaining a French passport.

After returning to Tunisia, Fakhfakh supervised branches of French international organizations and was appointed general manager of a French company specialized in the manufacture of auto components. After the merger between the French company and its Spanish counterpart, he was appointed to the new institution.

This career path with European companies enabled Fakhfakh to enjoy French and Western support and made him the new “golden boy”, as happened to his predecessor, Mahdi Jumaa, who was appointed Minister of Industry in 2013 and then head of government in 2014 thanks to his career in French-German companies.

In his speech during the handover ceremony, he said his relationship with his predecessor, Chahed, dated back to his studies and work in France before the spark of the Arab revolutions.

He announced his determination to “lead the country firmly”, underlining his relentless pursuit to be the president of a “strong government that guarantees political stability until the next parliamentary elections” in five years.

He also seemed confident that he would receive the support of the leaders of trade unions, industrialists, merchants, and farmers, as he was a member of the scientific committee of the General Tunisian Labor Union and a businessman at the same time.

Undoubtedly, Fakhfakh’s government is likely to be under scrutiny, awaiting a tangible improvement of the internal socio-political situation and amid the rapid security, political, and economic developments in Libya and Algeria.

Therefore, one of the new prime minister’s top priorities is to employ his strengths and external and local friendships to prevent regional winds from threatening his political future.



What Happens When Russian Gas to Europe Via Ukraine Stops?

A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
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What Happens When Russian Gas to Europe Via Ukraine Stops?

A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo

Austria's energy company OMV was informed by Gazprom that the Russian gas producer would halt deliveries of natural gas via Ukraine to OMV from 0500 GMT on Nov. 16 following OMV winning an arbitration case. Supplies of Russian gas to Europe via Ukraine may completely stop from Jan. 1 2025 after the current five-year deal expires as Kyiv has refused to negotiate the new terms of the transit with Moscow during the war.
Here is what happens if Russian gas transit via Ukraine is completely turned off and who will be affected most, according to Reuters.
HOW BIG ARE THE VOLUMES?
Russian gas supplies to Europe via Ukraine are relatively small. Russia shipped about 15 billion cubic meters (bcm) of gas via Ukraine in 2023 - only 8% of peak Russian gas flows to Europe via various routes in 2018-2019.
Russia spent half a century building its European gas market share, which at its peak stood at 35%.
Moscow lost its share to rivals such as Norway, the United States and Qatar since the invasion of Ukraine in 2022, prompting the EU to cut its dependence on Russian gas.
EU gas prices rallied in 2022 to record highs after the loss of Russian supplies. The rally won't be repeated given modest volumes and a small number of customers for the remaining volumes, according to EU officials and traders.
UKRAINIAN ROUTE
The Soviet-era Urengoy-Pomary-Uzhgorod pipeline brings gas from Siberia via the town of Sudzha - now under control of Ukrainian military forces - in Russia's Kursk region. It then flows through Ukraine to Slovakia.
In Slovakia, the gas pipeline splits into branches going to the Czech Republic and Austria.
Austria still receives most of its gas via Ukraine, while Russia accounts for around two-thirds of Hungary's gas imports.
Slovakia takes around 3 bcm from energy giant Gazprom per year, also about two-thirds of its needs.
Czech Republic almost completely cut gas imports from the east last year, but has started taking gas from Russia in 2024.
Most other Russian gas routes to Europe are shut including Yamal-Europe via Belarus and Nord Stream under the Baltic.
The only other operational Russian gas pipeline route to Europe is the Blue Stream and TurkStream to Türkiye under the Black Sea. Türkiye sends some Russian gas volumes onward to Europe including to Hungary.
WHY DOES THE UKRAINIAN ROUTE STILL WORK?
While remaining Russian gas transit volumes are small, the issue remains a dilemma for the EU. Many EU members such as France and Germany have said they would not buy Russian gas anymore but the stance of Slovakia, Hungary and Austria, which have closer ties to Moscow, challenges the EU common approach.
The countries, who still receive Russian gas, argue it is the most economic fuel and also blame neighboring EU countries for imposing high transit fees for alternative supplies.
Ukraine still earns $0.8-$1 billion in transit fees from Russian gas transit. Russia earns over $3 billion on sales via Ukraine based on an average gas price of $200 per 1,000 cubic meters, according to Reuters calculations.
Russia's gas pipeline export monopoly Gazprom plunged to a net loss of $7 billion in 2023, its first annual loss since 1999, because of the loss EU's gas markets.
Russia has said it would be ready to extend the transit deal but Kyiv has repeatedly said it won't do it.
Another option is for Gazprom to supply some of the gas via another route, for example via TurkStream, Bulgaria, Serbia or Hungary. However, capacity via these routes is limited.
The EU and Ukraine have also asked Azerbaijan to facilitate discussions with Russia regarding the gas transit deal, an Azeri presidential advisor told Reuters, who declined to give further details.