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Added on the 20/07/2022 13:31:44 - Copyright : AFPTV - First images
European Central Bank President Christine Lagarde warns that the eurozone could fall into recession next year in the case of a total shutdown of Russian gas supplies. The "downside scenario" for 2023 foresees negative growth in the case of a "total shutdown of all Russian gas supply" and energy rationing in the eurozone, she said, after the ECB unleashed a record rate hike. SOUNDBITE
President of the European Commission Ursula von der Leyen warns that "Russia is blackmailing" EU member states and "using energy as a weapon." Russian President Vladimir Putin has played hot and cold in recent days with his threats to cut off gas deliveries to the bloc of 27 members, but Brussels is asking EU countries to prepare for the worst. SOUNDBITE
Since Russia's invasion of Ukraine, Berlin is looking at ways to reduce its dependency on gas supplied by Moscow.
Ukraine claimed full control of Russia's eastern logistics hub Lyman, its most significant battlefield gain in weeks, setting the stage for further advances aimed at cutting Moscow's supply lines to its battered troops to a single route. FRANCE 24's Chief Foreign Editor Rob Parsons tells us more.
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.
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