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Europe able to reduce Russian gas imports by 90% already this year

23:02

Europe able to reduce Russian gas imports by 90% already this year
Piotr Arak, source: Newseria

According to the analysis of the Polish Economic Institute, 1/3 of the sale of energy resources supplies the Russian budget and directly finances the war machine of the Putin regime. Within the EU, it is possible to give up Russian raw materials, although it would also be costly for European societies.

"The cost to Russian society and the Russian budget would, however, be many times greater," Piotr Arak, director of PIE, assessed.

The head of the European Commission, Ursula von der Leyen, presented a plan for the EU to quickly become independent of Russian gas supplies over the next eight years. Already this year, it plans to reduce supplies of this raw material from Russia by 2/3. According to PIE, however, greater restrictions are possible, even by 90 percent.

"If we introduced sanctions on the import of energy resources from Russia, it would certainly curtail its possibilities of financing military expansion in the short term. The question is how much then Russia would be willing to approach the table and decide on actual, not simulated, peace negotiations," Piotr Arak added.

(Newseria)

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