IMG.gif
The Big Picture

Cracks in Europe?

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Ukraine,EU,European,Union,Russia,Flags
helloRuby/Shutterstock
  • Heading into winter, questions are growing about EU unity on support for Ukraine.
  • Polls still suggest broad backing for sanctions on Russia, but with support potentially weakening as personal costs rise.
  • Any US wavering could have a domino effect, weakening Europe’s resolve. Combined, that could lead to pressure on Ukraine to agree a settlement with Russia.

At face value, Europe’s resilience to the Ukraine crisis looks shaky. Protests about the economy are a regular fixture. Strike action is on the rise, along with warnings about deindustrialization as high gas prices force some European plants to shut down. Brussels’ relatively slow disbursal of aid to Ukraine is cited by some as a sign of wavering resolve. The emergence of right-leaning populist governments is seen as another.

Topics:
Policy and Regulation, Macroeconomics , Elections, Sanctions, Security Risk , Ukraine Crisis
Wanda Ad #2 (article footer)
#
China's diplomatic coup in the Mideast Gulf and President Xi Jinping's trip to Moscow have raised Beijing's profile as potential peacemaker in Ukraine — but the West is skeptical.
Thu, Mar 23, 2023
Oilfield service companies in Russia expect reduced demand from customers as a result of Moscow's decision to scale back crude production.
Fri, Mar 24, 2023
Restrictions on the production and use of natural gas would have a devastating impact on the US agricultural sector, the industry warns.
Fri, Mar 24, 2023