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Saturday 28 December 2024 - 08:16

EU State Threatens Ukraine with Power Cuts

Story Code : 1180988
EU State Threatens Ukraine with Power Cuts
The Central European country, whose economy heavily relies on Russian gas, receives its supplies through Ukrainian territory via Soviet-era pipelines. Ukrainian Prime Minister Denis Shmigal announced earlier this month that, starting from 2025, Kiev will stop transporting Russian gas and will only use its pipeline system to deliver gas from alternative suppliers. The current contract with Moscow expires on December 31, and Kiev has stated that it will not renew the deal, RT reported.

“After January 1, we will assess the situation and potential reciprocal measures against Ukraine,” Fico said in a video message on Facebook. “If necessary, we will stop supplying electricity that Ukraine urgently needs during network outages.” He added that Bralistava could consider other retaliatory steps.

“Stopping the transit of Russian natural gas through Ukraine is not just a hollow political gesture. It’s an extremely costly move, one that we, in the European Union, will pay for,” Fico said.

He wrote on Facebook that, by scrapping the transit deal, Ukrainian leader Vladimir Zelensky “will cause billions worth of damages to the EU, including the Slovak Republic, and there will be a further reduction of the EU’s competitiveness.”

Ukrainian officials have criticized Fico for his recent trip to Moscow, arguing that the “pro-Russian” stances of Slovakia and Hungary are damaging the EU’s reputation and undermining the bloc’s resolve to help Kiev.

Russian President Vladimir argued this week that by terminating the transit deal Ukraine was “punishing” EU countries, as the bloc continues to battle with an energy crisis.

“We have always stood for (energy) supplies, for the depoliticization of economic issues. We have never refused supplies to Europe,” Putin said.

Kiev has so far not responded to potential sanctions from Slovakia. Bloomberg cited a person familiar with the matter as saying that Ukraine’s “counter-move” could be to halt the transport of Russian oil to Slovakia.
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