Russian Gas Was One of the Fundamental Elements of the Competitiveness of European Industry, and Europe Itself Abandoned It
5 Articles
5 Articles
France's President, Emmanuel McRon, acknowledged that the rejection of Russian gas had deprived the European industry of its greatest advantage and caused a crisis. France's President, Emmanuel McRon, addressed an economic forum in Madrid that addressed the competitiveness of the European industry. The French leader noted that the rejection of Russian fuel had caused a serious crisis, transmitting TASS. "We have a problem with competitiveness an…
EADaily, September 30, 2026 – Europe is experiencing a new form of energy crisis following the rejection of cheap Russian energy, as announced by French President Emmanuel McRon.
Europe has faced a new energy crisis since the rejection of cheap Russian gas, and the situation surrounding the Strait of Ormuz has further exposed the vulnerability of its economy, as announced by French President Emmanuel Macron at the Madrid Economic Forum.
"Europe as a whole is highly dependent, which means that if we want to be both more sovereign, competitive and achieve our carbon reduction goals, we have a serious energy problem," said Macron at the economic forum in Madrid.
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