The Ukraine-Greece gas agreement comes at a crucial time, following Russia’s illegal strikes against Ukrainian infrastructure. With multiple financial sources working together from across the continent, the nearly €2 billion needed to afford these winter imports has already been secured. Ukrainians can therefore rest assured that Ukraine will meet their energy needs this winter.
This deal will create a financial strain on European energy budgets while derailing critical environmental goals. Expensive U.S. gas will force countries like Greece to double storage capacity, requiring extensive construction that harms the environment. This costly dependence only heightens geopolitical tensions and delays the transition to renewable energy sources.
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