ZELENSKIY BLAMES RUSSIA SINCE EUROPE CALCULATES THE COST OF THE GAS CRISIS

Zelenskiy blames Russia since Europe calculates the cost of the gas crisis

The president of Ukraine, Volodymyr Zelenskiy, accused Russia of economic terrorism on Monday while the cost of the European energy crisis disturbed Germany on the hook for at least 19 billion euros to replenish its biggest importer of Russian gas.

An increase in gas prices because the main Russian exporters reduce the supplies of German utility company Uniper, pushed it to request an additional 4 billion euros ($ 4 billion) from Berlin in credit lines, in addition to a bailout deal of 15 billion euros agreed last month.

How to react to the impact of paralyzing the soaring energy costs on businesses and household is at the top of the political agenda throughout the continent as autumn approaches.

The Czech Republic, which holds the rotating President of the European Union, is called the Energy Emergency Meeting on September 9 when it will propose the gas price cap used for electricity production.

“What is happening is a pan -European problem, it has an impact on all countries, on some less and a little more. And this is the reason we are convinced that the best solution is a solution to the European scale, “said Czech Minister Jozef Sikela said at a press conference.

The price of the German benchmark for 2023 violated 1,000 euros per megawatt hour for the first time on Monday due to supply problems to maintain the price of gas and related fuels such as electricity and the height of the Coal-High.

“Russia uses economic terror,” Zelenskiy told a conference on the energy industry in the Norwegian city of Stavanger.

“It exerts pressure with the price crisis, with poverty, to weaken Europe,” Zelenskiy told the public.

His comments came when Russia’s Gazprom (MCX: GAZP) planned maintenance this week that would stop the gas flow along the Nord Stream 1 pipe that connects Russia and Germany through the Baltic Sea.

The failure has fueled the fears that Russia limits supply to exert pressure on the Western nations opposed to its invasion of Ukraine, a charge that Moscow denies.

Zelenskiy blames Russia since Europe calculates the cost of the gas crisis