The analyst called the possible consequences of stopping the supply of Ukrainian electricity to the European Union
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Soon there will be the first wishing to leave the EU
Against the backdrop of a massive shelling of the energy infrastructure of Ukraine, which Russia carried out on October 10, the Ukrainian authorities decided to stop exporting electricity. Alexander Razuvaev, a member of the Supervisory Board of the Guild of Financial Analysts and Risk Managers, believes that Ukraine’s refusal to export energy to the EU will provoke an imbalance in the European electricity market.
In conversation with NEWS.ru Razuvaev explained that the export of electricity, especially through nuclear power plants, is the most important part of Ukraine’s trade balance, and its termination could cause an imbalance in the electricity market in Europe.
According to the analyst, the Europeans in the current situation will be forced to transfer power and will be able to stabilize the failure in their networks, but the price, which is already high, will become simply astronomical. This, in turn, will lead to an increase in inflation, which, according to Razuvaev, will deal a strong blow to the already weakening euro.
Based on this, according to the analyst’s forecast, in the foreseeable future, countries will begin to appear that express a desire to leave the EU zone, and for one dollar they will give two euros.
Read also: Analyst Yushkov called the condition under which all of Ukraine will be de-energized
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