Market
What will be Slovakia's financial loss from the gas dispute in 2025?
2
Resolution / Starting Odds
Less than 250 million euros • 25%
250-500 million euros • 25%
500-750 million euros • 25%
More than 750 million euros • 25%
Slovakian government financial reports or major news outlets
Story
Slovakia Threatens to Cut Backup Power to Ukraine, Citing Potential 120 Billion Euros Loss in Gas Transit Dispute
Dec 27, 2024, 08:24 PM
Slovak Prime Minister Robert Fico has threatened to cut off backup power supplies to Ukraine if Kyiv stops the transit of Russian gas to Slovakia and Central Europe. The threat comes as the current agreement for gas transit through Ukraine is set to expire at the end of the year, with Ukraine indicating it will not renew the contract. Fico stated that after January 1, Slovakia would evaluate the situation and consider reciprocal measures against Ukraine, including potentially halting electricity supplies needed by Ukraine during power outages. The Slovakian leader emphasized the economic impact on Europe, estimating that stopping Russian gas transit through Ukraine could cost the European Union 120 billion euros over the next two years. Additionally, Slovakia stands to lose about 500 million euros annually in transit fees if the gas flow is interrupted.
View original story
Similar markets
Energy price increase • 25%
Government intervention • 25%
No significant impact • 25%
Industrial slowdown • 25%
Agreement is terminated • 25%
Agreement is modified • 25%
Agreement continues as is • 25%
New supplier replaces Russia • 25%
Continued shortage • 25%
Other resolution • 25%
New deal with Russia • 25%
Alternative EU supply • 25%
EU mediation leads to resolution • 25%
Other resolution • 25%
Bilateral agreement reached • 25%
Dispute remains unresolved • 25%
Escalation with sanctions • 25%
Other resolution • 25%
Resolved with agreement • 25%
Ongoing dispute • 25%
No actions taken • 25%
Ukraine halts gas transit • 25%
Slovakia stops electricity supply • 25%
Both actions occur • 25%
Both actions occur • 25%
Ukraine halts transit • 25%
Neither action occurs • 25%
Slovakia cuts power supply • 25%
No action taken • 25%
EU mediation efforts • 25%
Sanctions against Slovakia • 25%
Sanctions against Ukraine • 25%
