The repercussions of the Russian-Ukrainian crisis on the economy of the European Union Between the inevitability of energy transition and the necessity of depleted energy

Authors

  • Mohamed Saleh Oucif University of Bechar
  • Fatima Mechter University of Bouira

Keywords:

CRISIS, depleted energy, energy transition, Russia, Ukraine, European Union economy

Abstract

This study aims to highlight the repercussions of the Russian-Ukrainian war on the economy of the European Union starting from February 2022, as well as the effects of this conflict on the export and import chains within the eurozone, as well as showing the extent of the impact of vital exported materials and energy supplies on the economy of the European Union, and the extent of the dependency and dependency of the latter For the Russian resource, as well as the reality and prospects for the future of energy for the countries of the European bloc within the framework of the dilemma of energy security, and this in order to get rid of the Russian energy pressures. The study concluded that the Russian-Ukrainian war affected the economy of European countries in all respects, and that there is a relationship between the Russian-Ukrainian war and energy as an important tool in managing the international struggle for global domination. the study also recommended the need to move towards renewable energies as a main goal for Abandoning Russian dependence in the field of energy, as well as finding a unified and common energy policy, and avoiding the creation of conflicts and tensions by some parties in the European Union in the energy regions (North Africa and East Asian countries) due to their strategic and energy importance, and maintaining their stability because it is an alternative to Russian energy and a promising market. In the midst of the current crisis.

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Published

06/30/2023

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Section

Articles