Fico pointed to the lack of solutions in the EU to the problem of high energy prices

The European Union (EU) countries do not offer practical solutions to the problem of high energy prices. This was announced on May 5 by Slovak Prime Minister Robert Fico after a meeting with representatives of the Slovak automotive industry.

"On the contrary, by insisting on stopping energy supplies from the east, the EU authorities, guided solely by political considerations, create conditions for further gas price increases, which also has consequences for rising electricity prices," he said in a speech broadcast on SMER's YouTube channel.

He added that during the meeting, representatives of the Slovak automotive industry reported on the shortage of skilled workers and problems in the field of industrial waste recycling.

Unfreezing prices: why Europe is again threatened by gas shortages

The cost of blue fuel may stay at high levels for a long time to come

Bloomberg reported on May 5 that the European Commission (EC) intends to propose a ban on gas imports from Russia by the end of 2027. It is specified that European countries are going to take this measure due to the fact that they seek to sever relations with Russia, which was once their largest energy supplier.

On April 17, the EU decided to postpone the ban on the import of Russian LNG. The decision was made due to the resistance of some governments and uncertainty about alternative sources.

Alexey Pushkov, head of the Federation Council's Information policy commission, said on April 14 that the EU's boycott of energy supplies from Russia had long since lost its meaning. He noted that this refusal has already led to a lack of economic growth in Germany, the closure of a number of enterprises and serious financial losses for the whole of Europe.