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Added on the 05/04/2022 22:33:40 - Copyright : Euronews EN
As the war in Ukraine enters its ninth month, Western sanctions are hitting Russia's economy hard. For more, FRANCE 24 is joined by Olivier Marty, Professor of Economics at the University of Paris.
Ursula Von der Leyen's message loud and clear in her State of the European Union message. To drive home the point, the EU Commission president, sporting the yellow and blue of the Ukranian flag, sat as her guest of honour Ukraine's First Lady. We ask about Van der Leyen's message and the cost of a quick segue away from Russian oil and gas.
European Central Bank President Christine Lagarde warns that the eurozone could fall into recession next year in the case of a total shutdown of Russian gas supplies. The "downside scenario" for 2023 foresees negative growth in the case of a "total shutdown of all Russian gas supply" and energy rationing in the eurozone, she said, after the ECB unleashed a record rate hike. SOUNDBITE
European Union governments agreed Tuesday to ration natural gas this winter to protect themselves against any further supply cuts by Russia as Moscow pursues its invasion of Ukraine. EU energy ministers approved a draft European law meant to lower demand for gas by 15% from August through March.
EU ministers debated Tuesday how to reduce gas consumption this winter, an act of solidarity for Germany and a response to Russia's manipulation of supplies as an economic weapon. FRANCE 24's Dave Keating reports from Brussels.
Thousands of traumatised Syrians leave the rebel enclave of Aleppo as the UN Security Council votes to deploy observers to the battered city to monitor the evacuations.
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