@aral
There is no exchange rate, it's not about comfort. It's about keeping the system from collapsing, Europe simply can't stop buying fossil fuels from Russia. And the war wouldn't stop by doing this but there would be no place for refugees anymore. It's sad but this is the reality we allowed to become true.
@JoachimM Some economists beg to differ.
https://www.bruegel.org/2022/03/can-europe-manage-if-russian-oil-and-coal-are-cut-off/