(Bloomberg) -- Russia will cut off the gas to Poland and Bulgaria on Wednesday in a major escalation in the standoff between Moscow and Europe over energy supplies and the war in Ukraine.Most Read from BloombergElon Musk Lands Deal to Take Twitter Private for $44 BillionRussia Warns of Nuclear War Risk as Ukraine Talks Go OnUkraine Latest: Lavrov Warns of Nuclear War; Biden Names EnvoyRussia to Cut Gas to Poland and Bulgaria in Major EscalationU.S. Stocks Sink to 6-Week Low Before Key Earnings:
Some billionaires want this. Industry collapsing and the subsequent crises will allow several people to buy huge amounts of industry for cheap.
Several parts of Bulgaria’s energy industry are state-owned. I bet they won’t be after the coming crisis, particularly Bulgargaz.
Seems like Europe is about to experience some 1990s post Soviet block style looting of their economies by foreign capitalists.
oh god, that is actually terrifying. This will definitely bolster fascism by a huge amount in these countries
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Stay safe, I hope your home gets through this