𝕃𝕠𝕀𝕀 𝕠𝕗 β„π•¦π•€π•€π•šπ•’π•Ÿ π•–π•Ÿπ•–π•£π•˜π•ͺ π•₯π•£π•šπ•˜π•˜π•–π•£π•–π•• β€˜π•€π•œπ•ͺ-π•™π•šπ•˜π•™ 𝕔𝕠𝕀π•₯𝕀’ – π•§π• π•Ÿ 𝕕𝕖𝕣 𝕃𝕖π•ͺπ•–π•Ÿ

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Doing away with cheap fossil fuel deliveries from Moscow has come at a price, the EU commission chief has admitted

Energy prices across the EU have skyrocketed due to the disruption of cheap supplies from Russia, European Commission chief Ursula von der Leyen has admitted.

Speaking at the World Economic Forum in Davos, Switzerland on Tuesday, von der Leyen acknowledged that the loss of Russian supplies has exacerbated the bloc’s energy crisis. β€œFreedom came at a price. Households and businesses saw sky-high energy costs and bills for many are yet to come down.” 

Before 2022, the EU was receiving 45% of its gas and 50% of its coal from Russia, while Moscow was one of the bloc’s largest oil suppliers. β€œThis energy appeared cheap, but it exposed us to blackmail,” she claimed. 

Von der Leyen also asserted that Russian President Vladimir Putin β€œcut us off his gas supplies” after the conflict in Ukraine erupted in February 2022. 

β€œOur gas imports from Russia went down by roughly 75%. And now we import from Russia only 3% of our oil, and no coal at all,” she stated.

𝕍𝕀𝕍𝔼𝕂𝔸ℕ𝔸ℕ𝔻 𝕋ℝ𝕀ℙ𝔸𝕋ℍ𝕀

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