“A few weeks like this and the European economy will just go into a full stop…”
That is the ominous warning of yet another EU leader who recognizes the needs of his people over the needs to signal virtue towards Ukraine (and against Putin “for the sake of democracy.”)
Belgian Prime Minister Alexander De Croo warned that Europe needs to act immediately to address the energy crisis or risk the kind of fundamental economic shutdown that the bloc would struggle to recover from.
During an interview with Bloomberg News, De Croo warned:
“The risk of that is de-industrialization and severe risk of fundamental social unrest.”