Slovak PM slams ‘irrational’ EU – INA NEWS
Slovak Prime Minister Robert Fico has despatched an open letter to European Council President Antonio Costa and European Fee President Ursula von der Leyen, urging quick motion to handle Ukraine’s imminent halt of pure fuel transit by way of its territory to the EU.
A transit settlement between Russia and Ukraine is ready to run out on December 31. Kiev has refused to increase it, citing the battle with Moscow.
In a letter posted on Fb on Sunday, Fico accused Kiev of failing to contemplate the potential affect its resolution can have on the EU economic system. Brussels’ acceptance of the state of affairs is “completely irrational and unsuitable,” he careworn.
Fuel transit by way of Ukraine accounts for under 3.5% of EU consumption, the letter states, citing an evaluation carried out by Slovakia’s major fuel provider and dealer, SPP. Regardless of the modest share, any halt would disrupt the market, elevating fuel costs by roughly 30%, the doc claims. Such a value spike would translate to a further annual price of € 40-50 billion for European households and infrastructure, Fico argued.
“It’s within the curiosity of all EU residents that European efforts to assist Ukraine ought to be carried out rationally, and never within the type of self-destructive and very damaging gestures,” the Slovak prime minister famous. Kiev’s resolution will result in “reciprocal measures,” he warned.
Fico additionally mentioned Russia “will simply place such a small quantity of fuel in different markets,” thus mitigating its losses.
The state of affairs requires pressing consideration from EU establishments and member states to mitigate dangers of provide shortages, he added.
Landlocked Slovakia’s place inside Europe’s vitality community makes it extremely vulnerable to disruptions in pure fuel provide. The nation is reliant on Russia for round 85% of its fuel demand, primarily by way of pipelines transiting Ukraine.
Fico has repeatedly voiced issues relating to EU vitality coverage. He has constantly advocated for pragmatic approaches to vitality safety, usually clashing with Brussels on its strategy to the Ukraine battle, specifically the problem of navy assist to Kiev and the problem of financial sanctions in opposition to Russia.
European Union leaders have repeatedly expressed confidence within the bloc’s skill to handle with out Russian fuel, accusing Moscow of utilizing vitality as a geopolitical weapon.
The European Fee and Council have but to challenge formal responses to the Slovak chief’s letter.
Slovak PM slams ‘irrational’ EU
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