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EU emergency energy policy in response to gas halt by March 31, 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the European Union or EU member states
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Slovak PM Warns of Severe EU Impact, 30 Times Greater Than Russia's, from Halt in Gas Transit on January 1, 2025
Jan 1, 2025, 09:52 AM
Slovak Prime Minister Robert Fico has warned that the cessation of Russian gas transit through Ukraine will have severe, dramatic, and drastic consequences for the European Union, while Russia will remain unaffected. Fico stated that the impact on the EU would be approximately 30 times greater than any losses incurred by Russia. The halt in gas transit occurred on January 1, 2025, following the expiration of the transit agreement between Gazprom and Naftogaz of Ukraine, with Ukraine refusing to extend the deal. Gazprom has cited a lack of 'technical and legal ability' to continue supplying gas due to this refusal.
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Similar markets
Yes • 50%
No • 50%
Implement alternative gas routes • 25%
Negotiate with Russia for new terms • 25%
Increase renewable energy investments • 25%
Other • 25%
Price decrease • 25%
Significant price increase • 25%
Minor price increase • 25%
No change • 25%
Increase emergency gas reserves • 25%
No significant action • 25%
Strengthen ties with alternative suppliers • 25%
Implement new energy policies • 25%
Norwegian gas • 25%
LNG imports • 25%
North African gas • 25%
Domestic production • 25%
Negotiate a new transit deal • 25%
Increase LNG imports • 25%
No significant action • 25%
Impose sanctions on Ukraine • 25%
Maintain current levels • 25%
Seek alternative energy sources • 25%
Diversify away from US • 25%
Increase US imports • 25%
Increased security measures • 25%
Call for investigation • 25%
Condemnation of alleged threats • 25%
Neutral stance • 25%
Germany • 25%
Slovakia • 25%
Italy • 25%
Other • 25%
Other • 25%
United States • 25%
Qatar • 25%
Norway • 25%
