Economy / FinanceEuropePolitics

Lena Petrova: EU’s Controlled Collapse and Full De-industrialization

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In recent months, the European Union has embarked on a path that many critics are labeling a “controlled collapse” of its industrial base. This pivot toward relying on expensive liquefied natural gas (LNG) imports from the United States raises questions about the future of Europe’s economy, energy security, and environmental commitments. As the EU looks to transition away from Russian energy dependencies, we must examine the implications of this shift, its potential consequences, and what it signifies for Europe’s industrial landscape. The catalyst for this seismic shift in energy policy was the escalation of geopolitical tensions, especially in light of…

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