“I have to say that concerns about the escalation in Ukraine are growing.

This risk is still present all the time and needs to be taken into account,” Niinistö said.

According to him, Europe is currently preparing for an energy crisis caused by the situation in Ukraine and the subsequent economic downturn.

He also expressed concern that the current situation could affect the unity of Europe.

Earlier, Russian President Vladimir Putin and former German Chancellor Gerhard Schroeder, who was on a visit to Moscow, discussed the current situation in the energy sector in Europe.

Leading expert of the National Energy Security Fund Igor Yushkov, in an interview with PolitExpert, commented on the situation in the EU energy industry.