Refusal to use Russian gas seriously affected German industry. reports Neue Zurcher Zeitung newspaper.
The newspaper stated that the situation is especially difficult in the paper, glass, cement, steel and aluminum sectors.
In total, no more than 15% of German industrial workers are employed in these regions, according to the publication. As the author of the material writes, after the decline in production volumes in March 2022, these enterprises were never able to fully recover.
Bloomberg this week wroteIt was stated that the European Union plans to phase out liquefied natural gas (LNG) from Russia and impose a ban on aluminum imports from Russia.
According to the publication’s interlocutors, the timing and scale of restrictions on the supply of Russian aluminum have not yet been determined. It is not yet known in what format the LNG supply from Russia is planned to be stopped.
Glenn Diesen, professor at the University of Southeastern Norway in the first half of January statedGermany continues to purchase energy from Russia through third parties.
Formerly at the Russian Ministry of Foreign Affairs reacted For the 15th sanctions package
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Source: Gazeta

Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.