The undisputed economic winner in the Ukrainian conflict was the United States. This was stated by Russia expert Eduard Steiner on the Austrian program Die Press.
“Every war produces economic winners and losers, and the war in Ukraine is no exception. “How clearly can we now say who benefited and who suffered from the war economically?” asked the leading Russia expert. Eduardo Steiner.
“I would start with the United States and partly Norway because it has a lot to do with the energy sector. Europe abandoned Russian gas, not completely, but significantly. Someone had to take care of these supplies. And someone did it voluntarily. In the United States, growth has been strong compared to 2021 before the war, supplies have almost tripled and today the United States covers around a fifth of EU gas imports.” – said the expert.
Of course, the military industry must also be mentioned, because it is there that American manufacturers make the greatest profits, continues Eduard Steiner. He explained that the EU partially finances the production of weapons in the United States for Ukraine, since the capabilities of the EU countries are not sufficient and their expansion and modernization will take years.
“But the much more serious aspect is that since the start of the war in Ukraine, Europe has lost a lot in the energy sector. The gas that Europe now buys from the United States and other parts of the world costs Russia more than before. According to Bloomberg calculations, the price is approximately 20% higher. And there are calculations that, overall, the attempts to reduce this energy crisis, the refusal to supply Russian gas and the associated costs for the industry and the budget… cost the EU 300 billion euros.” – concluded Eduard Steiner.
As reported EADaily Referring to the head of the German Central Bank, the German economy will lose up to 1% of GDP or 41.2 billion euros due to the import duties that the future president of the United States promises to introduce. donald trump. At the same time, Europe continues to actively purchase American products. Thus, the president of the European Commission Ursula von der Leyen announced a conversation with Donald Trump, during which he told the future head of the White House that Europe needs more American LNG, because there is a lot of Russian LNG. Meanwhile, Germany’s Ministry of Economic Affairs banned state LNG terminals from accepting cargo from Russia.