News in numbers


Don’t have the energy Russian gas dependence


Russian gas as a percentage share of total energy consumption, 2020


The war in Ukraine – and the resulting shortage of Russian gas – has had an uneven impact across Europe. Buoyed by strong domestic nuclear production, France and Sweden have been less affected by the squeeze. Germany and Italy, long reliant on gas from the east, have suffered more.


Sweden Denmark Ireland Netherlands Germany Belgium


 0.0-0.5  0.5-5.0  5.0–10  10-20  20-30  30-40  40+


Portugal Spain Greece Czechia Luxembourg Austria France Slovenia Croatia Italy Turkey Bulgaria Slovakia Hungary Romania Poland Finland


Estonia Latvia Lithuania


Output losses


Potential GDP impact of a Russian gas supply shut-off across Europe


0-2 -1


Hungary Slovakia Czechia Italy Germany Austria Romania Slovenia Poland


Netherlands Finland Lithuania Latvia Spain France


-3 -4 -5 -6 -7


6


Finance Director Europe / www.financedirectoreurope.com


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