EU going into Financial Crisis, Disintegration If It Continues To Pour Billions Into Ukraine, Say Experts
Thanks to STUPIDITY of EUROPEAN LEADERS, EU is going into Financial Crisis, Disintegration If It Continues To Pour Billions Into Ukraine, Say Experts
Luckily Europeans are so dumb and they don’t see what is happening around so they give all they trust to EU globalist leaders…
The Biden administration has pledged to provide $1.5Bln a month to Kiev to keep the Ukrainian economy afloat and is pushing the EU to commit to a similar package, Bloomberg has reported. Meanwhile, the EU is facing a severe economic slowdown, the Organisation for Economic Co-operation and Development (OECD) has warned.
The Biden administration has vowed to support Kiev with $1.5Bln a month in economic aid and has approved $4.5Bln in grants for Ukraine to cover the country’s needs until the end of the year. The White House has held talks with EU officials pressing them to follow suit to keep Ukraine’s economy afloat, Bloomberg wrote on Sunday, citing people familiar with the matter. According to the International Monetary Fund, Ukraine needs roughly $5Bln per month to cover essential services.
Meanwhile, the EU has yet to deliver on its commitments of nearly 9Bln euros ($8.8Bln) for Kiev: the bloc paid out only 1Bln euros last summer. Another 5Bln euros have been allocated but not yet paid out to Ukraine; the rest of the sum remains stuck over formal and financial issues
“Since the beginning of the ‘Ukraine issue’ back in 2008 to 2014, it was clear to me that the Anglosphere has used it as a Trojan horse to check both EU [Germany] and Russia,” says Paolo Raffone, a strategic analyst and director of the CIPI Foundation in Brussels. “The EU leadership is fundamentally working against European interests, abiding by the policy dictated by the US/UK/NATO.
No doubt the EU will be saddled with the greatest share of rebuilding Ukraine that will be, together with Poland, a US/UK strategic fiefdom in Eastern Europe to separate the EU from Russia and therefore stymie Germany’s heft as a regional and global player. [This is] just like the 1901 Mackinder theory.”
The EU is facing nothing short of “a continent-wide recession”, Bloomberg noted on 28 September, predicting a “harsh winter” for Europe’s households, chemical producers, steel plants, and car manufacturers. “If the coming months turn especially icy and the bloc’s 27 members fail to share scarce fuel supplies efficiently,” the European economy could contract by as much as 5 percent, according to the Bloomberg Economics’ estimates.
Earlier, the Wall Street Journal revealed that European manufacturers are increasingly shifting their business to the US as the energy crunch bites. To complicate matters further, the sabotage attack on the Nord Stream pipeline system put a rocket under energy prices and cut Europe’s access to additional volumes of affordable fuel.
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