In Germany without Russian gas, a severe crisis is expected

In the event of a sharp cessation of Russian energy imports, Germany will face a large-scale economic crisis. 

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“The gas embargo will provoke a 12 percent drop in German production during the first year – a loss of almost half a trillion euros,” the expert says.

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According to him, the expert, in the event of a ban on the supply of Russian hydrocarbons, it can lead to consequences that the Germans have not experienced since the Second World War.

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“The shortage of gas, first of all, will hit the energy-intensive industry, including the chemical, metallurgical, foundry, glass, ceramic, stone and earth, food and paper industries, as well as the automotive industry,” the specialist says.