Europe should take into account gas supply constraints
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According to analysts, possible limitations in gas supply to Europe and downtime in factories would be the most severe consequence of the open conflict in eastern Ukraine on the continent. And although most experts assess that such a scenario is unlikely, the political tension on the Ukrainian-Russian border is currently one of the main factors affecting the financial markets. Rising inflation is also a challenge for the region.
"The situation beyond the eastern border makes the markets nervous. Although in the opinion of experts, a full-scale war scenario seems unlikely, the likelihood of further escalation and some form of Russian aggression in eastern Ukraine is relatively high. The seriousness of the situation at the border is evidenced by the fact that in recent weeks, Americans and Brits have called on their citizens, primarily diplomatic families, to leave Ukraine," Aleksander Szymerski, fund manager of Generali Investments TFI, said.
In his opinion, the war in any form will have powerful implications for Poland and the entire region. It will entail the imposition of economic sanctions on Russia, which in retaliation may, for example, cause Russia to block gas and oil supplies.
(Newseria)