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Fitch, EU can resist the stop of Russian gas supplies

2022-09-01T12:15:45.193Z


The EU "has a credible strategy to mitigate the worst effects of a stop to gas imports from Russia in 2023, subject, however, to rapid adjustments in the balance between supply and demand" and is therefore able to "resist the crisis of. .. (ANSA)


(ANSA) - MILAN, SEPTEMBER 01 - The EU "has a credible strategy to mitigate the worst effects of a stop to gas imports from Russia in 2023, subject, however, to rapid adjustments in the balance between supply and demand" and is therefore capable of " resist the Russian gas crisis "even" if not without pain.

Fitch states that the "adjustment process will weigh on the Eurozone economy and companies in a less severe way than some preliminary estimates made on the market".

In a scenario of flows at 20% for 2022 and stops in 2023, Fitch estimates a negative effect on EU GDP of 1.5-2%, 3% on Germany and 2.5% on Italy.


   (HANDLE).


Source: ansa

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