[cityhantam]

Italy to Replace Germany as New European Powerhouse?

 Oct 1, 2022  Weeks after Russia launched its "special military operation" against Ukraine on February 24, 2022, the CEO of Italian energy major Eni, Claudio Descalzi embarked on swift official visits to Africa. The goal? To secure gas supplies for Italy. Germany, unable to secure long-term replacement supplies from other countries, has been forced to buy gas at prices which are eight times higher. Germany does not enjoy proximity to north Africa like Italy does, nor does it have major oil or gas reserves. So, is Germany caught between a rock and a hard place, and has its era come to an end? Is Europe getting a new leader in the form of Italy? Watch to know more.