US Treasury chief warns Europeans of ‘really tough winter’

0 20

Date: 23 Sep 2022 Time: 07:59:54

A harsh winter awaits Europeans due to rising energy prices. US Treasury Secretary Janet Yellen gave this information during a speech at the Atlantic Festival Conference.

“We see that energy prices have skyrocketed in Europe and the winter will be very difficult for them,” RIA Novosti quoted the US Treasury chief as saying. At the same time, Yellen added that the US was not as affected as countries in Europe.

The minister assured that Washington was working with European partners to find alternative supplies and expressed hope that Europe “can handle this”.

If Russia’s sanctions are lifted, prices and inflation in Europe will drop immediately. Hungarian Prime Minister Viktor Orbán made the announcement earlier in the day, stressing that without the sanctions, the EU economy would have recovered and avoided an impending recession. He emphasized that the sanctions only led to economic problems, energy crisis and inflation.


*Translated based on article content If there is any problem regarding content, copyright, please make a report below the article. We will try to process as quickly as possible to protect the author’s rights. Thank you very much!

*We want to make information more quickly and easily available with other multilingual content, rather than only available in one specific language.

*We always respect the copyright of the author’s content and always include the original link to the original article. If the author disagrees, report below the article, the article will be edited or deleted at the request of the author. Thank you very much! Best wishes!

For all the latest news click here

Denial of responsibility! EODBA is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – at The content will be deleted within 24 hours.

Leave A Reply

Your email address will not be published.