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Newspaper: Dangerous gas split brewing in Europe

The Spanish newspaper “El Pais” wrote that against the backdrop of an aggravated energy crisis, the European Union could face a dangerous split within itself, while the “first cracks” had already begun to appear.

And a newspaper article headlined “EU shaken” said that Brussels, for example, fears the union’s “exceptional” measures, such as rationing and lowering gas consumption, will divide it. At the same time, “the first cracks” are already beginning to appear in the face of a potential energy and economic crisis “with unforeseen consequences,” the publication warns.

The newspaper notes that the proposal to reduce gas consumption in the European Union by 15% revealed deep divisions among 27 member states. However, the contradictions of recent weeks go beyond energy, because the differences between the “North” and “South” are also manifested in matters of fiscal and monetary policy.

The paper concludes that “For the third time in just over a decade, the European Union is facing an existential crisis that will test the cohesion of this bloc’s partners and their ability to maintain a single social, economic and monetary space painstakingly built over the years.”

On July 20, the European Commission proposed a new regulation on coordinated measures to reduce gas demand. It includes the introduction of initial voluntary targets for all EU member states to reduce gas demand by 15% from August 1, 2022 to March 31, 2023. This is equivalent to 45 billion cubic meters of gas.

The Commission’s proposals in this regard must be approved by a qualified majority of EU countries in the EU Council before they can enter into force, and energy ministers will discuss the proposal on Wednesday in Brussels.

Source: RIA Novosti

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