Forwarded from GJ `°÷°` 🇵🇸🕊 (t ``~__/>)
Javier Blas (@JavierBlas): "BREAKING: Germany takes over a key #European unit of Russian state-owned gas giant Gazprom, effectively nationalizing the unit until at least Sept. 30 (In legal terms, the unit, called #Gazprom Germania GmbH, is put under the trusteeship of the German energy regulator) #ONGT" | FDNitter – https://nitter.fdn.fr/JavierBlas/status/1510997161399533569#mGermany to Nationalize Gazprom Unit to Safeguard Gas Supply - Bloomberg – https://www.bloomberg.com/news/articles/2022-04-04/germany-to-temporarily-run-gazprom-unit-to-safeguard-gas-supply
#Russia #Ukraine #gas
Forwarded from GJ `°÷°` 🇵🇸🕊 (t ``~__/>)
The Economic Consequences of a Stop of Energy Imports from Russia – https://www.cae-eco.fr/the-economic-consequences-of-a-stop-of-energy-imports-from-russia
https://www.cae-eco.fr/staticfiles/pdf/cae-focus84.pdf
#Gazprom #gas #Pipelines – https://eegas.com/fsu.htm
#Russia #Ukraine #sanctions
This Focus provides an estimation of the effects of a Russian stop of energy imports. The main results are as follows:
The impact for #France would be modest, with a decline of around 0,15 to 0,3% in gross national income. For Germany, the negative impact on gross national income is real (around 0.3% and up to 3% in the most pessimistic scenarios) but overall moderate and can be absorbed. The same is true for the EU as a whole, although there is significant heterogeneity in the magnitude of the shock across countries. For some #EU countries, the consequences are much greater: #Lithuania, #Bulgaria, #Slovakia, Finland or the #Czech Republic may experience national income drops of between 1 and 5%.
https://www.cae-eco.fr/staticfiles/pdf/cae-focus84.pdf
#Gazprom #gas #Pipelines – https://eegas.com/fsu.htm
#Russia #Ukraine #sanctions