Eu Ban On Russian Energy Would Spark Sharp Recession In Germany
The new forecast released Wednesday was more pessimistic than most previous economic studies and could cover Chancellor Olaf Solz’s government to reject calls for an immediate ban on Russian oil and gas imports, on which Germany relies. to a large extent. The EU agreed last week to ban coal imports from Russia from August. Some Member States have asked the bloc to go further by banning oil and gas imports, but Berlin has resisted such a move, arguing that it would be very economically detrimental to German business and consumers....