Bloomberg: Shutdown of Russian gas could lead to “martial law” in the energy sector of Germany
A sudden shutdown of Russian gas could lead to the introduction of “martial law” in the German energy sector, analysts predicted the agency Bloomberg Vanesa Desem and William Wilks.
The material indicates that such a situation could affect 80 million people, as well as a number of businesses from bakeries to chemical manufacturers.
“Economists predict damage of 220 billion euros, which is more than enough to send the country into recession,” the publication says. According to analysts, the possibility of a sudden shutdown of Russian gas appeared this week after Moscow limited the supply of natural fuels to Germany.
Earlier it became known that Russia introduced blocking sanctions against Gazprom Group Germany. In addition, the Polish EuRoPol GAZ SA, the owner of the Polish section of the Yamal-Europe gas pipeline, and the Wingas/WIEH/WIEE trading group, which owns a package of contracts for the supply of Russian gas, as well as the largest gas storage operator in Europe, Astora, fell under restrictive measures. The full list includes 31 companies.