German expert warns of a collapse in the gas market in the European Union due to… "selfishness" its members

Michael Hutter, director of the German Institute for Economics, pointed out that the European gas market is vulnerable to collapse if some EU countries refuse to share gas with neighboring countries in the face of its shortage.

Hauter said in a statement to the Welt am Sonntag newspaper that “EU members should not stop gas supplies to other European countries, this is in the interests of Europe and in the interests of Germany, which exchanges gas with all its neighbors.”

He warned that if EU member states think only of their own interests and cut off supplies when there is a shortage of fuel, companies and consumers will face dire consequences because of this decision.

Source: “News”

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