European leaders must hold firm in the face of economic pain if they want to stop Vladimir Putin’s “war of exhaustion” in Ukraine, according to the head of the country’s state-run energy company.
Yuriy Vitrenko, chief executive of Naftogaz, said he feared western politicians’ anxieties about inflation could sap their support for Ukraine, especially as Europe braces for another surge in natural gas costs.
“Ukraine is exhausted. Europe is exhausted. And there would be pressure on Ukraine to negotiate,” Vitrenko said in an interview. It was a “big problem for Ukraine” that “western politicians are afraid of price increases, they’re afraid of recession and that . . . limits greatly what they can do to stop Putin,” he added.
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