December 20, 2025Dec 20, 2025
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

Chinese FM spokesman denounces Japan’s moves to revive militarism

Chinese FM spokesman denounces Japan’s moves to revive militarism

A spokesman for the Chinese Foreign Ministry condemned Japan for its moves to revive militarism at a press conference on December

December 18, 2025

A spokesman for the Chinese Foreign Ministry condemned Japan for its moves to revive militarism at a press conference on December

Exhibition highlights diversification of products

Exhibition highlights diversification of products

The exhibition of products of Koryo medicine pharmaceutical factories-2025 took place at the Okryu Exhibition House from November

December 18, 2025

The exhibition of products of Koryo medicine pharmaceutical factories-2025 took place at the Okryu Exhibition House from November

Regional-industry factories in Hwangju County inaugurated

Regional-industry factories in Hwangju County inaugurated

The ardent desire of the Central Committee of the great Workers' Party of Korea has brought about stirring events in different

December 18, 2025

The ardent desire of the Central Committee of the great Workers' Party of Korea has brought about stirring events in different

By building up strong talent force

By building up strong talent force

Our factory has received numerous certificates of scientific and technological achievements at various festivals, exhibitions and

December 18, 2025

Our factory has received numerous certificates of scientific and technological achievements at various festivals, exhibitions and

Respected Comrade Kim Jong Un visits Kumsusan Palace of Sun

Respected Comrade Kim Jong Un visits Kumsusan Palace of Sun

All the people including service personnel across the DPRK are paying the highest tribute to Chairman Kim Jong Il with boundless

December 17, 2025

All the people including service personnel across the DPRK are paying the highest tribute to Chairman Kim Jong Il with boundless

Chairman Kim Jong Il ’s outlook on life

Chairman Kim Jong Il ’s outlook on life

This year marks the 14th anniversary of the demise of Chairman Kim Jong Il.On this occasion the DPRK people recollect the noble ou

December 17, 2025

This year marks the 14th anniversary of the demise of Chairman Kim Jong Il.On this occasion the DPRK people recollect the noble ou

New regional-industry factories built in Sinyang County

New regional-industry factories built in Sinyang County

Regional-industry factories have been built in inland mountainous Sinyang County to fundamentally improve the quality of the

December 17, 2025

Regional-industry factories have been built in inland mountainous Sinyang County to fundamentally improve the quality of the

Russian president refers to state economic development

Russian president refers to state economic development

Russian President Vladimir Putin referred to the issue of state economic development in a state planning and strategic development

December 16, 2025

Russian President Vladimir Putin referred to the issue of state economic development in a state planning and strategic development

News of 2025-2026 DPRK Premier League

News of 2025-2026 DPRK Premier League

The 2025-2026 DPRK men’s and women’s premier leagues started amid high expectations and interest of soccer experts and fans.

December 16, 2025

The 2025-2026 DPRK men’s and women’s premier leagues started amid high expectations and interest of soccer experts and fans.

Expressions representing the times

Expressions representing the times

The Korean people call the present times the golden age of construction and the new era of comprehensive development of socialism.

December 16, 2025

The Korean people call the present times the golden age of construction and the new era of comprehensive development of socialism.

New houses built in South Hamgyong Province

New houses built in South Hamgyong Province

Modern houses have been built at Majon and Naeho farms in Hamhung City and the Paeksang Farm in Pujon County of South Hamgyong

December 16, 2025

Modern houses have been built at Majon and Naeho farms in Hamhung City and the Paeksang Farm in Pujon County of South Hamgyong

Pharmaceutical factories modernized in South Phyongan Province

Pharmaceutical factories modernized in South Phyongan Province

South Phyongan Province has modernized the city and county Koryo medicine pharmaceutical factories. Jungsan County worked out a

December 16, 2025

South Phyongan Province has modernized the city and county Koryo medicine pharmaceutical factories. Jungsan County worked out a

Hoeguksu, national ICH element

Hoeguksu, national ICH element

Hoeguksu or noodles with seasoned sliced raw fish was relished by people in the coastal areas. Through a long historical course,

December 16, 2025

Hoeguksu or noodles with seasoned sliced raw fish was relished by people in the coastal areas. Through a long historical course,

Resident UN offices lay flower baskets at statues of great leaders

Resident UN offices lay flower baskets at statues of great leaders

Baskets of flowers in the name of the UN resident coordinator office and the missions of UNDP, UNICEF, UNFPA, FAO, WFP and WHO in

December 15, 2025

Baskets of flowers in the name of the UN resident coordinator office and the missions of UNDP, UNICEF, UNFPA, FAO, WFP and WHO in

Hungarian PM warns of danger from Ukraine’s entry to EU

Hungarian PM warns of danger from Ukraine’s entry to EU

The Hungarian prime minister warned that Ukraine’s accession to the EU might cause danger through an SNS on December 8.Referring t

December 15, 2025

The Hungarian prime minister warned that Ukraine’s accession to the EU might cause danger through an SNS on December 8.Referring t

More Articles