After Russia’s intervention in Ukraine, there were sanctions from the West targeting the Moscow administration one after another. While trying to find a European alternative to Russian natural gas and oil, Belgian Prime Minister Alexander De Croo “Next 5-10 winters will be tough. There is a very difficult situation across Europe” made the statement.
“SOME SECTORS FACE SERIOUS PROBLEMS”
Speaking to reporters during his visit to Zeebrugge Port, Belgian Prime Minister Alexander De Croo stated that rising energy costs pose long-term economic difficulties for Belgium.
De Croo says he believes his country will overcome these challenges, but “Next 5-10 winters will be tough. There is a very difficult situation across Europe. Some sectors are facing serious problems due to rising energy prices.” said.
“CONDITION IS WATCHING CLOSELY”
Emphasizing that it is necessary to be prepared for the worst, De Croo said that they follow the situation closely.
The Belgian economy was affected by rising energy prices, especially in sectors that use energy intensively. It is stated that production capacity in some sectors has been reduced by half. About a quarter of the natural gas in the country is used in industrial facilities.
Source: AA