Europe’s Economy: The Worst Is Yet to Come!!!

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1 year ago
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Europe’s Economy Crisis Russian gas

For decades, the European Union has been a vehicle for peace and prosperity in Europe, but it is in trouble today. The response to the crisis has had negative economic and political effects. The question: Is the European Economy doomed?

A group of economic studies defends the possibility of the old continent overcoming the gas crisis with minimal losses. Has Europe prepared to live without Russian gas? The answer is a compelling NO!

The closer winter approaches, the greater the tension among European governments, due to the gas crisis resulting from Russia's complete & permanent halt to pumping its gas to Europe.

One thing is sure: Europe cannot survive without Russian gas in the long term!!

Link to articles:

Bruegel Think-Tank:
https://www.bruegel.org/bruegel-europ...

Has Europe prepared to live without Russian gas, or has it found an alternative?
https://www.tellerreport.com/news/202...

Finland plans to offer $10 bln liquidity guarantee to energy sector:
https://www.reuters.com/business/ener...

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