January 04, 2026Jan 04, 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

Russian President refers to talent training

Russian President refers to talent training

Russian President Vladimir Putin touched on the issue of training talents at a meeting of the state council on December 25. The

January 03, 2026

Russian President Vladimir Putin touched on the issue of training talents at a meeting of the state council on December 25. The

Nation celebrates New Year 2026

Nation celebrates New Year 2026

All the people across the DPRK significantly greeted the hope-filled New Year 2026. The Kumsusan Palace of the Sun, the sacred

January 03, 2026

All the people across the DPRK significantly greeted the hope-filled New Year 2026. The Kumsusan Palace of the Sun, the sacred

Schoolchildren give performance to mark New Year 2026

Schoolchildren give performance to mark New Year 2026

The schoolchildren’s New Year performance in 2026 “Mt  Country Is the Best” was given on January 1. The performance was

January 03, 2026

The schoolchildren’s New Year performance in 2026 “Mt  Country Is the Best” was given on January 1. The performance was

Floral tribute paid to great leaders on New Year’s Day

Floral tribute paid to great leaders on New Year’s Day

Greeting the significant New Year 2026, all the Korean people pay the highest tribute and best wishes for immortality to President

January 03, 2026

Greeting the significant New Year 2026, all the Korean people pay the highest tribute and best wishes for immortality to President

Meetings held at revolutionary schools

Meetings held at revolutionary schools

At the time when students of revolutionary schools are growing up with pride to be the backbone of the Juche revolution under the

January 03, 2026

At the time when students of revolutionary schools are growing up with pride to be the backbone of the Juche revolution under the

Russian FM spokeswoman condemns US’ hostility toward Venezuela

Russian FM spokeswoman condemns US’ hostility toward Venezuela

Russian Foreign Ministry spokeswoman Maria Zakharova condemned the US’ acts of hostility against Venezuela at a press conference o

January 02, 2026

Russian Foreign Ministry spokeswoman Maria Zakharova condemned the US’ acts of hostility against Venezuela at a press conference o

National flag-hoisting ceremony held to mark New Year

National flag-hoisting ceremony held to mark New Year

The hope-filled New Year 2026 has come, encouraging all the people of the DPRK to turn out in the vigorous advance towards a new

January 02, 2026

The hope-filled New Year 2026 has come, encouraging all the people of the DPRK to turn out in the vigorous advance towards a new

Respected Comrade Kim Jong Un visits Kumsusan Palace of Sun

Respected Comrade Kim Jong Un visits Kumsusan Palace of Sun

All the people across the DPRK are paying the highest respect to President Kim Il Sung and Chairman Kim Jong Il, eternal leaders

January 02, 2026

All the people across the DPRK are paying the highest respect to President Kim Il Sung and Chairman Kim Jong Il, eternal leaders

New Year celebration performance given in DPRK

New Year celebration performance given in DPRK

The hopeful New Year 2026 has come to the country dynamically advancing toward the grand goal of eternal prosperity for the

January 01, 2026

The hopeful New Year 2026 has come to the country dynamically advancing toward the grand goal of eternal prosperity for the

Respected Comrade Kim Jong Un 's speech at New Year celebration

Respected Comrade Kim Jong Un 's speech at New Year celebration

The respected Comrade Kim Jong Un made a speech at a New Year celebration. The full text of his speech is as follows: Dear

January 01, 2026

The respected Comrade Kim Jong Un made a speech at a New Year celebration. The full text of his speech is as follows: Dear

Happy New Year!

Happy New Year!

Marking the New Year 2026, the Editorial Board of The Pyongyang Times extends warm greetings to all readers, who have got familiar

January 01, 2026

Marking the New Year 2026, the Editorial Board of The Pyongyang Times extends warm greetings to all readers, who have got familiar

Ceremonies of moving into new houses held in Jagang Province

Ceremonies of moving into new houses held in Jagang Province

Villages of the Konggwi Vegetable Farm in Kanggye City and the Kaewon Farm in Wiwon County, Jagang Province, underwent great

December 31, 2025

Villages of the Konggwi Vegetable Farm in Kanggye City and the Kaewon Farm in Wiwon County, Jagang Province, underwent great

More Articles