Russian President Vladimir Putin’s warning about a possible suspension of gas supplies to Europe if a decision is made to introduce a gas price ceiling forced the European Union (EU) to abandon this idea. This was stated on September 9 in a publication on the website of The Telegraph newspaper.
“Putin warned that he would completely cut off energy supplies if a restriction was introduced. Several countries affected by the sudden shutdown, including Hungary, have suggested that they cannot support the plan as a result. Ultimately, the offer was rejected, ”the publication says.
On September 9, Hungarian Foreign Minister Peter Szijjarto specified that the ministers of the EU member states could not come to any decision on the introduction of a ceiling on gas prices from Russia, Gazeta.Ru notes. On the same day, European Energy Commissioner Kadri Simson also noted the lack of an agreement.
On September 7, the President of Russia announced during the plenary session of the Eastern Economic Forum that in the event of a restriction on energy prices from the Russian Federation, the West would face a complete halt in supplies from the country. The EU is not in a position to dictate terms, he added.
On the same day, the head of the Czech Ministry of Industry and Trade, Józef Sikela, announced that the country would remove the issue of a gas price ceiling from discussion in the Council of the European Union. He noted that this is a political tool, and it will not solve the energy crisis in Europe.
The reduction in Russian energy supplies has already affected the economies of many countries.
According to a number of experts, the increase in energy prices and inflation in general can turn into unrest and crises of political systems for European countries.
In July, the Bild newspaper reported that the German government was expecting regional emergencies over the winter due to gas shortages. It was specified that Germany will continue to depend on the Russian energy resource, the problem will last until 2024.
In April, Putin said that the refusal of a number of Western countries from normal cooperation with Russia, as well as from part of Russian energy resources, had already hit Western countries. According to him, inflation is absolutely unprecedented for these states.