Home Health Care Slovak PM warns energy crisis will ‘kill our economy’ – POLITICO

Slovak PM warns energy crisis will ‘kill our economy’ – POLITICO

by Universalwellnesssystems

Prime Minister Eduard Hager told the Financial Times that the Slovak economy was on the verge of “collapse” due to high electricity prices.

and interview Slovakia’s leader announced on Wednesday said a massive price hike following Russia’s invasion of Ukraine would “kill our economy” unless Bratislava receives billions of euros in support from Brussels. .

Hager added that without help, the country would be forced to nationalize its electricity supply.

His comments were the harshest warning ever from EU leaders about the impact of the global energy crisis, as countries grapple with the consequences of Moscow’s gas shortage pushing prices to record levels. increase.

Earlier this year, Slovakia’s largest energy provider sold surplus electricity to energy traders.

These traders are now selling contracts back to Slovakia at about five times the market price, Heger said. “Slovaks buy for €500 what they sell for €100”

For this reason, committee plan It does not work for Slovakia for Member States to raise more than €140 billion from generators. “If you want to introduce a windfall tax, it has to be a European one,” Hager said, adding that profits would be distributed evenly across the block.

This article is Politico Pro

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