Jos Quinten
Jos Quinten

@TaranQ

3 Tweets 2 reads Feb 21, 2023
πŸ‡·πŸ‡ΊπŸ‡ΊπŸ‡¦πŸ‡©πŸ‡ͺ🧡 The Conflict in Ukraine will cost Germany 160 billion euros by the end of the year - Reuters
At the end of 2023, the German authorities expect the country's GDP to decline by 4%, the fall in GDP per capita will reach 2,000 euros.
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The reason is the increase in electricity costs. It is predicted that in 2023 German companies will pay an average of 40% more for gas, on which production volumes are very dependent.
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Without access to cheap Russian energy resources, the price of gas in Germany is 3-5 times higher than in the United States.
- dillfras
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