The European Union spoke about the consequences of anti-Russian policies.
The former head of the European Central Bank (ECB) Mario Draghi spoke on this topic.
Eurozone countries have become hostages to the import of expensive energy resources, RIA Novosti reports.
The need for fuel remains, but now European countries are forced to spend more money to resolve this issue.
Electricity costs companies in the EU 2-3 times more than in the US. In the case of gas, the gap is fivefold.
Against this background, it is more difficult for the European Union to compete with the United States and China.
In the era of cheap energy from Russia, the EU could compete with these countries, but now it is becoming increasingly difficult to do so.
According to Draghi, Europe will have to abandon a number of goals, and in the most pessimistic scenario, all of them.
It will not be possible to solve this problem in a short period of time, because today the EU is forced to purchase about 40% of critical raw materials and technologies.