Handelsblatt warned of a shock to the German economy due to the situation around Ukraine

According to her, a third of the 25 thousand companies in Germany expect the situation to worsen over the next 12 months, while only 19% of enterprises expect positive changes.

“We only experienced such a decline in the industry during the financial crisis and the first lockdown in 2020,” said Martin Wansleben, CEO of the Association of German Chambers of Commerce and Industry.

Earlier, Ph.D. in Economics Alexei Artyukhov, in an interview with the Economics Today FBA, commented on the situation with the payment for Russian gas by the EU countries.