Comment: Europe’s contribution to Putin’s war chest has increased since the invasion began | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Comment: Europe’s contribution to Putin’s war chest has increased since the invasion, write Lukasz Rachel and Moritz Schularick.

‘The continued flow of blood-soaked energy money allows Putin to press ahead, dramatically increasing the long-term costs for Europe of containing a revisionist Russia.’ Picture: Getty

Russia’s brutal shelling of Ukrainian cities continues. Thousands are dying, millions are suffering. Yet the West remains paralysed about further action on what matters most: sanctions on Russian energy exports. Absent an immediate and full boycott of Russian gas and oil by Western countries, the best way forward is to commit to a ladder of sanctions that they will climb in a pre-announced fashion over the coming weeks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in ENERGY

Energy Energy Latest News, Energy Energy Headlines