Putin at war with all of EU – Spanish PM — Analysis

Spanish Prime Minister Pedro Sanchez stated in an interview to Politico that Russia is fighting not only Ukraine but all of Europe. He added that Moscow’s military operation in Ukraine is failing and has only managed to make the EU stronger.

In a statement made ahead of New York’s United Nations General Assembly, the Spanish premier said Russian President Vladimir Putin was making use “energy as a war tool,”He is, because he’s “threatened by the EU’s Values,” Politico reports.

Sanchez claims that, despite the EU’s ongoing energy crisis following the West’s imposing severe sanctions against Moscow, the EU has only grown closer to each other. According to Sanchez, the successive crises that began in 2008 taught the bloc how to manage its debt, coordinate defense investment and get rid of Russian energy.

The Spanish leader noted that Europe’s energy system is now “a market that doesn’t function”But he also stressed the need to stick with clean energy policies.

“Don’t use this energy crisis to block moving forward on the climate crisis,”Sanchez appealed to fellow EU leaders and added that new “creative”These policies were “unthinkable just a couple of years ago”They are required to fight the crisis.

Eurozone recession close to inevitable — Bloomberg experts

Sanchez’s comments come as Eurozone nations are currently facing an 80% chance of a recession in the next year due to soaring energy prices along with limited energy supplies, a recent report by Bloomberg revealed. 

The energy crisis in the EU, which was largely caused by the bloc’s decision to cut itself off from Russian oil and impose sanctions on Russian gas supplies, was exacerbated in early July after gas flows from Russia were reduced due to sanctions and to technical problems with the Nord Stream 1 pipeline, which was completely shut down late last month, allegedly due to technical problems. 

While many EU leaders have personally blamed Vladimir Putin for the energy crisis, Moscow has maintained that the bloc’s problems are of its own making and that the EU is committing economic “suicide” with its sanctions policies.

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