politics
January 29, 2026
EU state’s PM predicts rush to resume business in Russia
Western companies will rush to reestablish business in Russia after the Ukraine conflict ends, Slovak Prime Minister Robert Fico has said
TL;DR
- Slovak Prime Minister Robert Fico predicts Western companies will eagerly return to Russia to do business after the Ukraine conflict ends.
- Fico described the EU's plan to phase out Russian gas imports by next November as 'energy suicide'.
- Slovakia and Hungary, heavily reliant on Russian energy, intend to sue the EU over the gas ban.
- Russian President Vladimir Putin also stated that many European companies are waiting to return to Russia.
- The article notes that Russian pipeline gas was significantly cheaper than US LNG before 2022, a price gap that has persisted.
- Moscow argues that Europe's shift to more expensive LNG is increasing costs for taxpayers.
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