Slovak Prime Minister Robert Fico stated that his coalition government will consider retaliatory measures against Ukraine following the halt of Russian gas flows through its territory to Slovakia. Fico mentioned potential actions like cutting electricity supplies to Ukraine, reducing aid to Ukrainian refugees, and demanding the renewal of gas transits or compensation for losses Slovakia claims to have incurred. Fico argues that Slovakia will lose transit revenues and face additional costs due to the gas flow stoppage.
Slovak Prime Minister Robert Fico calls for the renewal of gas transits or compensation for what he claims are losses Slovakia incurred after Ukraine halted Russian gas flows into Europe.Slovakia's coalition government will discuss retaliatory measures to take against Ukraine after it halted the flow of Russian gas through its territory to Slovakia, Slovak Prime Minister Robert Fico said on Thursday.
Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of decades of Moscow's dominance over Europe's energy markets, as a transit contract between Russia and Ukraine expired. Fico said a Slovak delegation would discuss the situation in Brussels next Tuesday and then his ruling coalition would discuss retaliation for what he called"sabotage" by Ukrainian President Volodymyr Zelenskyy.
"The only alternative for a sovereign Slovakia is renewal of transit or demanding compensation mechanisms that will replace the loss in public finances of nearly 500 million euros."Zelenskyy accused Fico last week of opening a"second energy front" against Ukraine on the orders of Russia. Slovakia's gas transit network operator Eustream, majority owned by the state, had revenue of 158 million euros and after-tax profit of 25 million euros in the six months to Jan.
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