These are dark and sad days. For Europe, for freedom, for democracy and most importantly for the people of Ukraine.
These are dark and sad days. For Europe, for freedom, for democracy, and most importantly for the people of Ukraine. As the world looks on in horror at Putin’s invasion of Ukraine, Europe faces its biggest crisis in decades.As a European federation, we have partners in Ukraine. We offer them our wholehearted support and we stand in solidarity with the people of Ukraine, and the incredibly brave protesters across Russia who dare challenge Putin and his regime.
Analysis from T&E shows that as the value of Russia’s crude oil imports to the EU and UK has increased, so has Russian defense spending. There has been a strong correlation for a very long time. And yet, a leaked EU Commission strategy responding to the energy crisis does not even mention oil. Does the Commission not know that oil is a far greater source of revenues for Putin than gas? If we do nothing, Europe will send 80 billion euros to Putin in 2022.
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