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ISSUE n. 219
20 JANUARY 2025

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EDITORIAL 

Gas Supply Shock: Grappling with the end of Russian Deliveries

The end of Russian gas supplies through Ukraine, starting January 1, 2025, marks a crucial turning point for the European Union, which is now more compelled than ever to strengthen the diversification of energy sources. Over the past two years, European countries have significantly increased imports of liquefied natural gas (LNG) from the United States and Qatar, while establishing new partnerships with Algeria, Norway, and Azerbaijan. 

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ENERGY

January 2025, a new energy crisis in Europe? 

With the end of the long-standing arrangement of Russian gas transit, many European countries are facing a complicated situation due to the lack of alternative options that could assure enough supplies. At the time, while Ukraine’s authorities celebrated the cessation of the gas transit as a momentous occurrence, suggesting it would impact Russia’s financial resources and military capabilities, other governments in the European Union were worried for their energy security. Slovakia and Hungary, whose current prime ministers, Robert Fico and Viktor Orban, are considered the most friendly in the EU towards the Kremlin, have criticised this development, whilst other EU members, including Poland, have expressed support for Kiev.

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MIGRATION

Migration, Conflict, and the End of Russian Gas Supply: A New Era for Eastern Europe

The halt of Russian gas transit through Ukraine—a deal that had persisted since the Soviet Union’s collapse—has been described as a “historic event” by Ukrainian officials. The decision not to renew the transit agreement was driven by Ukraine’s ongoing conflict with Russia, which escalated dramatically in 2022. The Ukrainian government has made it clear that it would not allow Moscow to profit from its aggression while simultaneously undermining its own energy security.

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EMPLOYMENT & SOCIAL AFFAIRS

The potential economic and social impact of the new energy crisis in the EU

The decision made by Ukraine’s authorities on the suspension of Russia’s natural gas transit over the country and the consequential stop of supplies to the European Union represents a profound crisis that has far-reaching economic, social, and environmental consequences on the continent. The situation is not as dire as it could have been before 2022: after the invasion of Ukraine, the EU member states already made strong efforts to diversify their energy sources and cut their dependency from Moscow.

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FUTURE EUROPE

EU investments to strengthen energy security in response to gas supply disruptions

The ongoing energy crisis has placed significant pressure on EU countries, particularly those in Central and Eastern Europe. The European Union has stepped in to support affected nations, offering substantial funding to diversify energy sources, improve infrastructure, and accelerate the green energy transition. We can bring practical examples concerning two countries that are among the most vulnerable.

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ECONOMY

Financial grappling with the end of Russian deliveries in Moldova and Slovakia

The geopolitical landscape in Eastern Europe has shifted dramatically in recent years, particularly following Russia’s invasion of Ukraine. Moldova and Slovakia are now grappling with significant economic challenges stemming from the cessation of Russian gas deliveries, with especially severe effects on Moldova’s breakaway region of Transnistria. This article explores the economic ramifications of this supply shock, analyzing how both regions are responding to the crisis and its implications for their financial futures.

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FUNDING

EUSEW Awards: The call to apply for EUSEW awards is now open

On November 19, the call for applications to the EUSEW 2025 Award opened. The EUSEW 2025 award is targeting individuals, innovations and outstanding achievements in renewable energy and energy efficiency, opened.

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NEU - Newsletter for the European Union: Editorial Team
www.newslettereuropean.eu

Editorial director: 
Nicola Frau
Chief editor:
Nenad Stekić


Contributors:
Margherita Genua
Francesco Marino
Nenad Stekic
Cristina Ceccarelli

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