Slovakia rejects EU plan to phase out Russian gas by end-2027
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 07 2025
0mins
Source: Reuters
Slovakia's Rejection of EU Energy Plans: Slovakia's Prime Minister Robert Fico has rejected the European Commission's proposals to phase out Russian gas and energy imports, arguing that such measures would harm EU energy prices and competitiveness.
Concerns Over Energy Dependence: Fico expressed concerns about the implications of ending energy relations with Russia, emphasizing the need for changes in legislative processes while highlighting Slovakia's reliance on Russian gas and oil supplies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
