Slovakia's Gas Crisis: Retaliatory Threats Over Ukraine's Russian Gas Shutdown
Slovakia may retaliate against Ukraine's gas transit shutdown, impacting EU energy costs. Prime Minister Fico expresses potential measures including cutting aid or using EU veto rights. Slovakia discusses alternatives with the EU amid economic concerns, as energy shifts challenge geopolitical alignments.
Slovakia is considering retaliatory measures against Ukraine in response to Kyiv's decision to halt Russian gas transit, as announced by Prime Minister Robert Fico after discussions with EU Energy Commissioner Dan Jorgensen. This move by Ukraine is viewed as part of efforts to curb revenue aiding Russia's ongoing conflict.
Fico warns that Slovakia faces an annual cost of 1 billion euros due to increased gas prices, alongside 500 million euros in lost transit fees. Slovakia contemplates extreme measures such as cutting emergency electricity to Ukraine or reducing humanitarian aid, as Fico highlights the absence of legal barriers to gas transit through Ukraine.
Slovakia's shifting foreign policy under Fico, marked by closer ties with Russia and a refusal of military aid to Ukraine, adds complexity to the situation. Talks are ongoing with EU stakeholders to resolve the crisis, amid concerns over competitiveness and potential long-term economic impacts.
(With inputs from agencies.)
ALSO READ
First Capture of North Korean Soldier in Russia-Ukraine Conflict Verified by South Korea
Putin Addresses Russian Missile Capabilities Amid Ukraine Conflict
Captured North Korean Soldier Dies in Ukraine Conflict
North Korean Forces Suffer Mass Casualties in Russia-Ukraine Conflict
North Korean Troops Suffer Heavy Losses in Russia-Ukraine Conflict