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EU economics chief says bloc is not afraid of Putin, ready to react over halted Russian gas supplies

2022-09-04 08:54:02       source:CNBC

September 3, 2022

The European Union is “ready to react” to Russia’s decision to halt gas supplies to the bloc, a top EU official told CNBC on Saturday.

Russia’s state-owned energy giant Gazprom on Friday announced an indefinite halt to gas flows to Europe via the Nord Stream 1 gas pipeline, citing the need for additional repairs.

The move came after supplies had already been halted last week for a planned “maintenance outage” that was expected to last until Sept. 3.

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