Germany: Loss of 500,000 jobs would mean a halt to Russian gas

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In 500,000 estimates the jobs which will be lost if the Russian gas supplythe economist ‘Achim Truger, member of Commission of “wise»Της German economy.

“A possible cessation of gas supplies from Russia will result in a deep recession. “Half a million jobs are expected to be lost,” Truger told the Rheinische Post, warning that the industry would suffer huge losses in the long run.

Inflation, which hit a 40-year high in Germany in April. Mr. Truger estimated that it will not de-escalate soon and will remain at a high level in 2023.

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