Skip to main content

Russia weaponisation of natural gas poses economic risks

Russia’s decision to suspend gas deliveries to Poland and Bulgaria from today because of a payments dispute will only strengthen the EU’s resolve to end its dependency on Russian gas, keeping gas prices historically high for months to come. The move also raises the risk of gas shortages in Poland and Bulgaria, especially Bulgaria which is relatively less well prepared. Euro-zone stagflation risks have risen, too. In view of the wider interest, we are also sending this Commodities Update to clients of our Energy, European Economics and Emerging Europe Economics Services .

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access