EU achieved independence from Russian fossil fuels

Post by yogthos » Sat, Jun 03, 2023, 10:52 AM UTC

chrysler wrote: post #200

yogthos wrote: post #199

Earlier quoted context omitted.

You're making a conjecture between two separate things. The statement regarding revenue being down 43% is not related to the deficit statement from Russia.

It's all a part of the same picture. Details and figures may vary a little based on which periods are used for reference, but the overall story remains the same. As of April, according to RU FinMin, income from oil&gas is down -52% YoY, expenditure up +26%, deficit at 30%. In a departure from the usual dry and humorless style of official press releases, they describe outlook as positive. And even these figures are ar…

Post by yogthos » Sat, Jun 03, 2023, 5:25 PM UTC

_kbh_ wrote: post #202

yogthos wrote: post #201

Earlier quoted context omitted.

I guess we'll just have to wait and see what happens won't we. Seems to me that the economic problems that Europe is seeing right now are far worse than ones in Russia. So, if things continue the way they are European economy can't last a long time.

> I guess we'll just have to wait and see what happens won't we. Seems to me that the economic problems that Europe is seeing right now are far worse than ones in Russia. So, if things continue the way they are European economy can't last a long time. The Russians have a deficit of over 40 billion dollars, it doesn't look super rosy. Additionally they are losing a lot of people in the war and having countries cancel…