Eastern and central European nations are sounding the alarm as Ukraine’s suspension of Russian gas transit threatens to send shockwaves through regional economies. With winter approaching, experts warn the move could disrupt heating supplies and industrial activity in countries still reliant on Russian energy. ❄️⚡
Remi Piet, senior partner at Embellie Advisory, told CGTN the halt creates a “domino effect” for nations unprepared to pivot quickly:
“This isn’t just about heating homes – it’s about keeping factories running and preventing economic stagnation.”
The crisis highlights a growing divide in Europe’s energy landscape. While Western Europe has reduced Russian gas imports since 2022, countries like Hungary and Slovakia still depend on it for over 60% of their needs. 🌡️ Analysts predict a scramble for alternative suppliers, potentially driving up global LNG prices and testing EU solidarity.
Young professionals and students across the region are already feeling the pinch. “My internship at a Budapest manufacturing firm got paused last week,” shared 22-year-old economics student Lőrinc Kovács. “They said energy costs are eating their budget.” 💼
