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IPFS News Link • Belgium

'No Choice But Intervention': Belgium PM Fears "Severe Risk Of Social Unrest"

•, by Tyler Durden

That is the ominous warning of yet another EU leader who recognizes the needs of his people over the needs to signal virtue towards Ukraine (and against Putin "for the sake of democracy.")

Belgian Prime Minister Alexander De Croo warned that Europe needs to act immediately to address the energy crisis or risk the kind of fundamental economic shutdown that the bloc would struggle to recover from.

During an interview with Bloomberg News, De Croo warned:

"The risk of that is de-industrialization and severe risk of fundamental social unrest."

Like a number of other EU leaders, who are rapidly diverging from Brussels bureaucrats on the path forward, the Belgium leader warns against unilateral action against Russia, urging

"I honestly do not see any other choice than doing market interventions," De Croo said.