Note

Germany’s Scholz: Europe can withstand Putin's energy blackmail

· Views 34

German Chancellor Olaf Scholz said in a statement on Thursday, “Europe can withstand Putin's energy blackmail.”

Additional comments

Supplier countries such as the US, Canada and Norway have an interest in energy not becoming too expensive in Europe.

The EU must coordinate closely with other gas consumers.

Gas-price cap could end up crimping supplies to Europe.

We have signed contracts to import gas with several countries and continue to sign with other countries to secure the needs during the winter.

We have freed ourselves from dependence on Russian gas.

Market reaction

EUR/USD was last seen trading at 0.9788, up 0.19% on the day.

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.