Reacting to the end of the agreement on the transit of Russian gas through Ukraine on Wednesday 1 January, the European Commission and the Member States sought to reassure that the situation was “generally stable”.
“Market fundamentals have remained stable. Demand remains subdued, at around 18% compared to pre-crisis levels, and storage levels are at pre-crisis levels as well”, European Commission spokeswoman Anna-Kaisa Itkonen assured the press on Monday 6 January.
Following an...