Putin Gas Cutoff for Europe: Severe Recession to Follow
Posted on AllSides July 20th, 2022
From The Right
Mikhail Klimentyev/SPUTNIK/AFP via Getty Images
Russian President Vladimir Putin's gas cuts could send some European countries into a recession, the International Monetary Fund warned Wednesday.
Putin on Tuesday said Russia would fulfill its commitments to supply natural gas to Europe but warned that flows through the Nord Stream 1 pipeline connecting Russia to Germany could be curbed soon if sanctions prevent maintenance on its components.
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