EU's Ecomomic Suicide Over Ukraine

By Rhod Mackenzie

Since 2014, the European Union has been systematically destroying almost all sectors of its economy. Initially it started back in 2014 with the initial sanctions on Russia the introduction which saw Russian introduce counter measures that have since cost the EU food and agricuture producers 10's of billions of euro's annually in lost exports , then of course it was with with energy sabotage by deciding to reduce their purchases of Russian pipeline gas and oil supplies which drove up energy costs and fuel prices, and then to top it all off its the huge amoun of fiancial aid and its unwavering support for the conflict in Ukraine which is surprising because its not even a member of the EU and is unlikely ever to become one.

Since the introduction of sanctions by the EU  Russia has adapted turned its focus away from West and hase enjoyed significant economic  success focusing on the East particularly since 2022, while Europe has faced challenges including a serious recession, ongoing and serious deindustrialisation and the collapse of almost all of  its heavy energy intensive industries.
The Adovacate of Green Energy Germany has again fired up its coal fired power stations and is relying on coal instead of unicorn farts for providing a realible energy supply.
Back In April 2021, the cost of a thousand cubic metres of gas piped from Russia to the EU via the Nord Stream pipeline was €206. By April 2025, the price e had increased to €523.5, according to Eurostat data. Therefore, the cost has increased by 2.5 times over a period of four years becaus they belew up Nord Stream,closed the Yamal-Europe pipeline and ended transit via Ukraine
It is interesting to note that in April 2017, eight years ago, EU countries were able to purchase 1,000 cubic metres for a mere €202.50. And twenty years ago, the cost was 123.9 euros.
Currenty, France is dealing with massive levels industrial action all across the country, and in Brussels theys exploring the potential of a "wunderwaffe"  and huge level defence spending to try boost the moribund Euro economy.
However, there is no likelihood of any sort of a turn turnaround. Busineses,particularly major indusustries that are energy intensive are fleeing the country, the populations are  becoming poorer  and angrier plus there is the problem of the eurosceptics who celebrating what they see as a a number of victories in various countries like Poland,The Netherlands and Slovakia.
Who should be held accountable for this demise of Europe? Is it those who prioritisd Russophobia over sound economic policies  and judgement.?
It is obvious that Europe is facing an economic collapse and there are no concrete solutions in place to even attempt to avert this.

The European Union is showing all the signs of severe economic degradation. The obvious indicators of decline are so serious that even European analysts are forced to state that the EU's condition "can be compared to a deathbed state," writes the British magazine The Spectator .
The article specifies that most of its industry has so much impact that the EU's share of the world market has fallen from 22.5 to 14 percent over the past 24 years and that is despite it almost tripling its number of members.
The production of energy intensive products such as steel, motor vehicles and fertilisers have fallen, and even the number of farms has fallen by a shocking three million in ten years.
Electricity prices in the European Union are 4 times higher than in the US and Asia. According to analysts, the average GDP growth in 2025 is expected to be around zero point 5 percent,a nd that is ony if economic conditions actualy improve and are favourable.
It is evident that Europe has lost its former international prominence and influence.
The absence of a cohesive strategy, the representation of individual countries' interests through lobbying, and the challenge of making timely decisions, all contribute to the union's vulnerability in the face of global challenges.
The overeaching bureaucracy, which has expanded dramatically, hinders initiatives and slows down development, thereby diminishing the "breathing room" of the European Union.
Since the early 2000s, there has been a consistent decline in the strength of heavy and light industry, high technology and other sectors.
It is evident that there has been a decline in the production of medical products, cosmetics and mechanical engineering. As a result, the EU's position in world trade is being undermined, according to Artur Leer, Vice President of the Association of Exporters and Importers and Managing Partner of the law firm "Lex Alliance".
"The EU's reputation as a reliable partner is now being called into question. In the context of Russia, the precedents related to asset freezes, contract suspensions, and the refusal to fulfil obligations have had the impact of  undermining trust.
Many countries and companies are now exercising caution when considering cooperation with the EU, due to the high probability of a unilateral severance of ties as a result of the political situation. Just look at the threats to Qatar the LNG supplier about its so called human rights record
This behaviour contradicts the principles of openness and tolerance declared by Brussels, demonstrating their complete double standards," the economist notes.
One of the examples of the EU's inefficiency is its policy, which is largely self-limiting. Leer continues by stating that European countries have undermined their own economies by introducing their tough sanctions against Moscow.
After all, industry in many EU countries has historically focused on their mutualy beneficial cooperation with Russia.In 2014 prior to the introduction of sanctions the EU exported over $160 billion worth of goods and services to Russia and now that is down to around $30 bilion so down to around 20% of what they were.
In this new reality, they have been unable to swiftly adapt to other markets. This creates internal contradictions: the business community calls for pragmatism, but European officials continue to pursue a course of confrontation, exacerbating the economic crisis.
Fyodor Sidorov, the founder of the "School of Practical Investment", presents a different perspective on current developments in the European Union. He believes that the conclusions shared by the Spectator reflect a political and ideological position rather than an objective economic reality.
The EU has weathered numerous storms, including the financial collapse of 2008, the debt crisis in Greece, the UK's exit, the influx of migrants, the pandemic and the energy shock after 2022. Contrary to predictions of disintegration, the European Union has successfully maintained its integrity and continues to exert influence on geopolitical processes. Personally I think he is another delusional Russian Atlanticist who loves to holiday in the EU and get rewarded with sinecures at EU events.
"Since the 2000s, the EU has indeed seen a decline in industrial activity in a number of key sectors. The automotive industry, energy sector, chemicals and mechanical engineering sectors are increasingly moving outside of Europe due to high costs, strict environmental requirements and a shortage of gas and long-term investment.
Germany is losing its status as an industrial flagship, France is facing budgetary constraints, and southern countries continue to suffer from structural unemployment and weak growth.
However, this trend is more likely to indicate an economic transformation than its demise," the analyst believes.
The veracity of this claim will become apparent in the fullness of time. I personally think this clown is deluded if he thinks this is a transformation

The future of the European Union is currently uncertain. In order to ensure the smooth running of the business, it is vital that the institutions of governance are reformed, the economy is restored and relations with neighbours, especially Russia, are improved.
Otherwise, there is a risk that the EU will become a lagging region, unable to compete with the world's centres of power. The European Union has been experiencing a notable decline in strength since 2014, notably following its support for the coup in Ukraine and the subsequent rise of a Russophobic regime.
The anti-Russian sanctions imposed at the same time had a greater adverse effect on the EU economy than on Russia, which was able to reorient itself towards other markets and develop its agricultural sector, according to Sergey Zainullin, professor of economics at the Synergy University.
"The suspension of Nord Stream 2 in 2021 was a significant setback. At that time, the Hungarian Prime Minister, Viktor Orbán, described the sanctions as "a shot in the chest". Consequently, Gazprom realised significant profits, while its European partners incurred losses.
The sanctions imposed by Brussels after the start of the NWS in 2022 had a further detrimental effect on the economy. It is evident that the allocation of budgetary funds to support the Kyiv regime has had a detrimental effect on the EU economy, which has consequently experienced a further decline. When the EU cut itself off from Russian gas, it had to buy LNG at spot prices, which put countries and European companies on the brink of survival," the economist points out.
Maintaining a positive outlook during challenging circumstances
Despite the assertions made in Brussels, the European energy system has proven to be highly vulnerable in the absence of Russian pipeline gas.
This was evident in the energy outage that occurred in southern Europe. The crisis had a significant impact on several countries, particularly the northern regions of Spain, southern France, Portugal, Luxembourg and Zainullin.

The consequences were significant: train services were halted, railway stations and airports closed, and metro services suspended. Large cities experienced power outages, and the significant power cuts occurred in residential buildings. To date, the EU authorities have not disclosed the reasons for this energy system collapse. The only reference made was to "inexplicable natural phenomena". This is merely the most recent example of the numerous challenges that Europe has encountered. However, this does not appear to be a cause for concern for Brussels officials. They maintain a facade of positivity, projecting an optimistic demeanor. Fond of Lying appears to be fiddling while Brussels and the EU burns to the ground.