My Financial News from Germany, Industry

from Bing and Google News
Germany , Thursday 16 April 2026

Germany's economy could lose $240 billion — 6.5% of its annual output — over the next 2 years if Russian oil and gas were cut off immediately

Published on: Wednesday 13 April 2022

Germany's economy could lose $240 billion — 6.5% of its annual output — over the next 2 years if Russian oil and gas were cut off immediately Germany is heavily reliant on Russian gas, which accounted for 55% of Germany's gas imports in 2021.


News source: https://www.msn.com/en-us/finance/markets/germanys-economy-could-lose-24240-billion-e2-80-94-65-25-of-its-annual-output-e2-80-94-over-the-next-2-years-if-russian-oil-and-gas-were-cut-off-immediately/ar-AAWcMG8

Share this news on:  

RELATED NEWS

» New Report Finds 94% of German Mittelstand Firms Still Without AI Implementation
» Germany seizes world's largest yacht because of its ties to Russian oligarch
» Germany industry CEOs meet Scholz
» German industry slow in adopting Industrial IoT – with consequences
» Germany's economy could lose $240 billion — 6.5% of its annual output — over the next 2 years if Russian oil and gas were cut off immediately

HEADLINE NEWS