Justin Trudeau's resignation as Canada's prime minister signals the latest political shake-up of an ally of Ukraine's fight against Russian aggression. It comes on the heels of Austria's Chancellor Karl Nehammer stepping down and his ruling conservative People's Party (OVP) agreeing to talks with the far-right Freedom Party (FPO) which has criticized both aid for Ukraine and sanctions on Russia.
In the first trading day after Ukraine ceased the flow of Russian gas and oil, benchmark natural gas prices in Europe surged 4%.
Austria’s Freedom Party, which is starting talks to lead the government, opposes sanctions on Russia and the EU’s support for Ukraine.
Austria headed on Sunday towards coalition talks led by the far-right Freedom Party (FPO) after efforts to form a centrist government without the FPO fell apart and prompted Chancellor Karl Nehammer to resign.
The leader of the anti-immigration, pro-Russia Freedom Party has been given the chance to try to form a government after months of coalition talks among mainstream parties collapsed.
Ukraine won its first World Cup luge medal in more than 16 years. The country's relay team — singles sliders Yulianna Tunytska and Andriy Mandziy, along with Ihor Hoi and Nazarii Kachmar on one doubles sled, Olena Stetskiy and Oleksandra Mokh on the other — finished third in a race at Sigulda, Latvia.
Central European gas flows have adapted to the halt of Russian supplies through Ukraine on Jan. 1, as increased shipments to the region from Germany and Italy make up the shortfall, data from network operators showed on Monday.
Austria, Hungary, Slovakia, as well as Moldova, are reliant on the steady flow of energy through Ukraine. Now that that is no longer possible, the only route remaining into Europe from Russia is via the TurkStream pipeline and the BlueSteam pipeline, under the Black Sea.
Hungarian Foreign Minister Peter Szijjarto accused Ukraine of exacerbating Europe's economic challenges by halting Russian gas transit, leading to a 20% rise in natural gas prices on the European market,
Austria should not face supply disruption as it has prepared for the switch from eastern supplies of natural gas to western alternatives after Ukraine's contract with Gazprom expires on Tuesday, Austria's energy regulator E-Control said.
After entrusting the mission of forming a government to the leader of the pro-Russian FPÖ party, Herbert Kickl, "There is a significant risk of a shift in Austria's foreign policy direction," assessed Jakub Bielamowicz from the Institute of New Europe in an interview with the Polish Press Agency.