It's also bad for the country, long-term, because all the evidence suggests that individuals who have a period of unemployment at the start of their working life pay a heavy price for that bad luck.
BBC: Long-term thinking for the UK economy
If the Commission thinks it can force Russia to pay serious fines for sticking to long term (oil indexed) contracts, good luck.
FORBES: Getting Tough With Gazprom Could Be Suicide For Europe
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