On August 30, 2022, Russian gas giant Gazprom announced that its net profit reached 2.5 trillion rubles ($41.75 billion) for the first half of 2022 ALONE.
With simple math, that is, during the six months that the war in Ukraine lasts, Gazprom has a revenue of 7 billion dollars every month!
On August 31, 2022, due to the announcement of an explosion in Gazprom’s profits, its stock “rocketed” by 30%! As a result of this “launch” the management of the Russian energy giant decided to distribute a dividend of 20.13 billion dollars to its shareholders!
On the morning of September, Hungary announced that it was entering into a private agreement with Gazprom for the supply of extra natural gas, in order to face the consequences of the coming winter.
All this while in Europe they WILL meet on September 9, to decide how they WILL deal with the energy crisis and the “takeoff” of natural gas prices to 1000 euros per KW.
Decisions, heard among them, that there will be a ceiling on the price of natural gas. A proposal that was submitted 7 months ago by the Greek Prime Minister, Kyriakos Mitsotakis, but then the Northerners fell on deaf ears, while now they are bringing it back one by one.
All this at a time when inflation in the EU countries is rising to double digits for the first time since World War II and the world is turning to more extreme political choices.
See for example what happened in France, where Le Pen received almost 43%.
Look at what is happening in Italy, where the far-right party is leading the polls with 27%.
These are messages that cannot be ignored.
They are “bells” that “ring” loudly, but the main issue is whether the current “leaders” and “technocrats”, who are in Brussels, have the ability to listen to them.
Because I remember how they were celebrating the sanctions they imposed on Russia when the war in Ukraine started taking it for granted that Putin would be crushed soon and now – half a year later – they are “running and not getting there”.
Unfortunately, for the E.U. its current “leaders” are judged inferior to the critical circumstances, which are required.
They are at a distance from their people and cannot listen to their concerns and needs.
It is obvious that they have not read even a few lines of the principles and values, which were the cornerstones, on which the European vision was based, inspired by Robert Schumann, Jean Monet, Paul Henri Spaak, General de Gaulle, Konrad Adenauer, Helmut Kohl, Francois Mitterrand, Constantinos Karamanlis.
Principles and values, which spoke of solidarity between member states, of respect for their culture, of deepening democratic institutions, of sensitivity to the unemployed, the elderly, working women, young people, the disabled, the students.
I honestly feel uncomfortable today, because being a member of the European Parliament in those days (1998) I predicted that: “Social Europe is dead… long live the Europe of the bankers”.
And I feel uncomfortable, because the big losers from today’s chaotic situation are the people, while on the contrary, the absolute winners are the industrial trusts, with their intertwined banking “lobbies”.
The conditions caused by the “explosion” of the energy crisis, in all EU countries, may lead to uncontrollable situations.
The real and not the made-to-order Europeans have before them a great challenge: To return our continent to the point, which was the start of the founding fathers.
To become the E.U. a real “European Union”, an island of peace, democracy and prosperity in a troubled world and a force to guarantee the conquests of workers and human rights.
A Europe that will stop being dragged by the developments that are moving from the other side of the Atlantic and will turn into a protagonist again.
*1st Vice-President of Parliament / 1st Member of Parliament of Athens, ND