The fight for Ukraine played out beyond the battlefields on Wednesday, with Kyiv cutting off one Russian natural gas pipeline that supplies European home
Germany depends on Russia for about one-third of its total energy consumption. If it is cut off from Russian energy imports, Germany will need to compensate through alternative supply sources, fuel shifting and economic reallocation, or demand reduction. The macroeconomic fallout would depend on how much the production structure can adjust and how substitutable the imports
On March 8, 2022, the United States, United Kingdom, and European Union announced measures intended to eliminate or reduce their reliance on Russian energy imports. Until now, these.