Market
How will the EU energy market react to a potential gas transit halt by June 30, 2025?
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Resolution / Starting Odds
Significant price increase • 25%
Minor price increase • 25%
No change • 25%
Price decrease • 25%
Energy market reports or analyses by organizations such as the International Energy Agency
Story
Slovakia's Fico Threatens to Cut Back Up Power to Ukraine Over Russian Gas Transit to Central Europe
Dec 27, 2024, 07:17 PM
Slovak Prime Minister Robert Fico has threatened to cut off back up power supplies to Ukraine if Kyiv stops the transit of Russian gas to Central Europe. This warning comes in response to Ukraine's potential decision to halt the transit of Russian gas through its territory after the current agreement expires. Fico stated that Slovakia would assess the situation and consider reciprocal measures against Ukraine after January 1, potentially including the cessation of electricity supplies, which are crucial for Ukraine during blackouts. The threat was communicated via a message posted on Fico's Facebook account, highlighting the potential billions in damages to the EU if gas transit is stopped.
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Similar markets
No significant action • 25%
Negotiate a new transit deal • 25%
Increase LNG imports • 25%
Impose sanctions on Ukraine • 25%
Increase renewable energy investments • 25%
Implement alternative gas routes • 25%
Negotiate with Russia for new terms • 25%
Other • 25%
Moderate economic impact • 25%
Minimal economic impact • 25%
No noticeable impact • 25%
Significant economic impact • 25%
Yes • 50%
No • 50%
Italy • 25%
Other • 25%
France • 25%
Germany • 25%
Decrease by 10-20% • 25%
No significant change • 25%
Decrease by over 20% • 25%
Decrease by less than 10% • 25%
Germany • 25%
Slovakia • 25%
Moldova • 25%
Other • 25%
Diplomatic negotiations initiated • 25%
Strong condemnation of Russia • 25%
Sanctions imposed on Russia • 25%
No significant response • 25%
Slovakia • 25%
Germany • 25%
Other • 25%
Moldova • 25%
Implement new energy policies • 25%
Increase emergency gas reserves • 25%
Strengthen ties with alternative suppliers • 25%
No significant action • 25%