January 11, 2026Jan 11, 2026
KCNA Pyongyang Times

Europe’s dependence on others: what does it show?

Date: 24/01/2023 | Source: Pyongyang Times | Read original version at source

Europe is now spending a harsh winter due to the highest inflation in 40 years and the worst energy crisis in history.

This was compounded by price hikes. As a result, Europeans are surviving in difficult circumstances and factories and shops are closed one after another.

One of the ways to get out of the current economic crisis is to diversify external trade. This is common economic knowledge.

However, Europe is wavering in its attitude just reading the face of the “inspector,” the US.

Recently, Germany is under pressure from the US to stop China’s investment in Hamburg Port, one of the three major ports in Europe. The Netherlands has also come under pressure from Washington to limit its semiconductor manufacturing equipment export to China.

The EU and European countries should draw a lesson from the Ukrainian crisis.

The Ukrainian crisis caused by the US-led eastward advance of NATO has disturbed the security of Europe. Taking advantage of this, the US has pushed the EU and European countries into the quagmire of the Ukrainian crisis.

Let me remind you that the US used the Ukrainian situation as a good opportunity to reap a windfall by conducting a large-scale transaction while the whole of Europe is suffering a nightmare of security crisis, economic crisis and energy crisis due to the Ukrainian crisis.

As the Bloomberg news agency recently reported, the US sold its liquefied gas to Europe at four-fold price of its domestic sale despite the fact that Europe has already suffered a tremendous loss of US$ 1 trillion after giving up gas import from Russia.

According to data published by American magazine Foreign Policy, the weapons sales of the US to NATO member nations nearly doubled in 2022 as against 2021, pushing up the profit of the US munitions industry and stock prices of many enterprises to a record high.

There is a saying that “A friend in need is a friend indeed”. I am now wondering which word is proper to describe a friend who lives by racketeering his friend when he is in need now.

Moreover, the US once again revealed that there is no limit on its greed by publishing “Inflation Reduction Act”, an American-first law, taking no account of the difficult circumstances of its allies who are struggling to overcome the current economic crisis.

American newspaper The Wall Street Journal argued that the US should demand that the allies actively join its policy of restraining semiconductor development in China in return for providing them with subsidy for electric cars. The Netherlands also made an unexpected announcement that it would limit the export of semiconductor manufacturing equipment to China.

Now we can easily guess how desperately the US is working behind the curtains.

It is the evil design of the US to contain and weaken the rapid economic growth of China even at the cost of sacrificing the whole of Europe.

The total amount of trade by Germany, the Netherlands and France with China are no less than US$ 235 billion, US$ 100 billion and US$ 80 billion respectively. For them and other European countries, it is tantamount to a suicidal act to exclude China from the global industrial chain and reject the Chinese market as required by the US.

The US is instigating its allies to seek confrontation and use it as a good chance to hit the jackpot and fish in troubled waters. The EU and European countries should see through such evil intention of the US and break from their conventional habit of depending on the US at the earliest date possible.

Independent foreign policy will be the only choice for Europe.

More From Pyongyang Times

Inevitable product of anti-popular social system

Inevitable product of anti-popular social system

The right to existence of the working masses is being trampled down in Western countries. In December last year, farmers from

January 10, 2026

The right to existence of the working masses is being trampled down in Western countries. In December last year, farmers from

Crimes are rampant in Western countries around New Year’s Day

Crimes are rampant in Western countries around New Year’s Day

Bloody, violent crimes occurred in succession in Western countries around New Year’s Day.A man in his 20s brandished a knife to ca

January 10, 2026

Bloody, violent crimes occurred in succession in Western countries around New Year’s Day.A man in his 20s brandished a knife to ca

Photo exhibitions held in provinces

Photo exhibitions held in provinces

Photo exhibitions "Ushering in an era of gigantic transformation for comprehensive development of Korean-style socialism" were

January 10, 2026

Photo exhibitions "Ushering in an era of gigantic transformation for comprehensive development of Korean-style socialism" were

New houses built in South Hamgyong Province

New houses built in South Hamgyong Province

New houses have appeared at the Sinphung and Yongjung farms in Sinpho City and at the Namhoe Farm in Hongwon County of South

January 10, 2026

New houses have appeared at the Sinphung and Yongjung farms in Sinpho City and at the Namhoe Farm in Hongwon County of South

Toward multipolar world

Toward multipolar world

Today, the multipolarization of the world has become the main trend of the international community. The influence of BRICS is

January 09, 2026

Today, the multipolarization of the world has become the main trend of the international community. The influence of BRICS is

China censures West for double dealing over Taiwan issue

China censures West for double dealing over Taiwan issue

A spokesman for the Foreign Ministry of China at a press conference on December 31 last year accused the Western countries of

January 09, 2026

A spokesman for the Foreign Ministry of China at a press conference on December 31 last year accused the Western countries of

Russia blasts Ukraine’s terrorism

Russia blasts Ukraine’s terrorism

The Russian Foreign Ministry in a statement on January 1 strongly denounced the terrorist act of Ukraine against peaceful inhabita

January 09, 2026

The Russian Foreign Ministry in a statement on January 1 strongly denounced the terrorist act of Ukraine against peaceful inhabita

New houses, public and production buildings built at farms

New houses, public and production buildings built at farms

Modern houses have been built at the Chilgol Vegetable Farm in Mangyongdae District, Pyongyang, and public and production

January 09, 2026

Modern houses have been built at the Chilgol Vegetable Farm in Mangyongdae District, Pyongyang, and public and production

Emulation, assistance and progress

Emulation, assistance and progress

Review of exhibitions held in 2025 In 2025, various exhibitions took place in large numbers in the fields of light industry and

January 09, 2026

Review of exhibitions held in 2025 In 2025, various exhibitions took place in large numbers in the fields of light industry and

Finishing building-materials production bases strengthened

Finishing building-materials production bases strengthened

More than 40 finishing building-materials production bases were built and over 60 similar bases updated last year, thanks to the

January 09, 2026

More than 40 finishing building-materials production bases were built and over 60 similar bases updated last year, thanks to the

Practising economy as social habit

Practising economy as social habit

Practising economy arises as an urgent matter as the economy develops. In order for economy to produce a great result in the

January 09, 2026

Practising economy arises as an urgent matter as the economy develops. In order for economy to produce a great result in the

Province tames nature to reap benefits

Province tames nature to reap benefits

Kangwon Province has built hydroelectric power plants so as to take a lot of benefits from them. The province has many steep

January 08, 2026

Kangwon Province has built hydroelectric power plants so as to take a lot of benefits from them. The province has many steep

Heads of state deliver New Year addresses

Heads of state deliver New Year addresses

Heads of state of different countries gave addresses on the occasion of the New Year 2026. The Pakistani President called for

January 08, 2026

Heads of state of different countries gave addresses on the occasion of the New Year 2026. The Pakistani President called for

WPK Central Committee congratulates LPRP on its Twelfth Congress

WPK Central Committee congratulates LPRP on its Twelfth Congress

The Central Committee of the Workers' Party of Korea sent a congratulatory message to the Twelfth Congress of the Lao People's

January 08, 2026

The Central Committee of the Workers' Party of Korea sent a congratulatory message to the Twelfth Congress of the Lao People's

Schoolchildren's New Year performance goes on

Schoolchildren's New Year performance goes on

The performance of schoolchildren for greeting the New Year 2026 on the theme of "My Country Is the Best" is being given every

January 08, 2026

The performance of schoolchildren for greeting the New Year 2026 on the theme of "My Country Is the Best" is being given every

New houses built in Jagang Province

New houses built in Jagang Province

News of moving into new houses which shows the rapid development of the countryside is reported in Jagang Province every day.

January 08, 2026

News of moving into new houses which shows the rapid development of the countryside is reported in Jagang Province every day.

More Articles