News Formal

Vincent Boland: Berlin is the weak link in the West’s attempt to halt Putin’s war | Business Post

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

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Europe’s largest economy relies on Russian gas to fuel its industries and heat its homes. Ending that link will be hard for a hesitant Chancellor Olaf Scholtz, but time is running out for Ukraine, writes Vincent Boland.

Russian leader Vladimir Putin with Gazprom boss Alexei Miller and former German chancellor Gerhard Schröder at the inauguration of the Nord Stream Project in 2011. The €38.8 billion the EU has paid for its energy from Russia since the start of the Ukraine invasion can procure a lot of weapons and pay a lot of soldiers. Picture: Alexey Nikolsky/AFP via Getty

An organisation called the Centre for Research on Energy and Clean Air has a live online calculator that tracks how much Russia has earned from its fossil fuel exports to the EU since Vladimir Putin launched his war on Ukraine two months ago. At lunchtime last Wednesday, the sum amounted to more than €38.8 billion.

That sort of cash can procure a lot of weapons and pay a lot of Russian soldiers whatever pittance they...

 

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 NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Out of Office: Putin declares Mariupol victory; energy costs drive eurozone inflation spike | Business PostOut of Office: Putin declares Mariupol victory; energy costs drive eurozone inflation spike
Source: businessposthq - 🏆 8. / 71 Read more »

State records €3.5bn budget surplus in final quarter of 2021 | Business PostState records €3.5bn budget surplus in final quarter of 2021, taaffems reports.
Source: businessposthq - 🏆 8. / 71 Read more »