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Added on the 25/03/2022 11:11:47 - Copyright : France 24 EN
European Union governments agreed Tuesday to ration natural gas this winter to protect themselves against any further supply cuts by Russia as Moscow pursues its invasion of Ukraine. EU energy ministers approved a draft European law meant to lower demand for gas by 15% from August through March.
The rest of Europe may not be at war but is it ready for the sacrifices of a wartime economy? The Kremlin shutting the tap on Bulgaria and Poland may be but a prelude to a brutally swift transition away from Russian gas and oil. Deals will be dropped, money will be lost.
In an interview with Euronews, Chief Economic Adviser at the Centre for Economics and Business Research Vicky Pryce says gas is a key import that needs to be halted.View on euronews
Kristine Berzina, Geopolitics team at Alliance for Security Democracy
US President Joe Biden announced a deal on Friday to supply the European Union with more liquefied natural gas to help wean it off Russian supplies and to work together on accelerating a shift to renewable energy.
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