High Energy Costs Have Put German Industry at a Disadvantage
Summary by Oil Price
Germany’s industry is unlikely to fully recover from the energy price shock and return to the competitiveness from before the Russian invasion of Ukraine, the chief executive of Germany’s top utility, RWE, told the Financial Times on Wednesday. “The German industry has a disadvantage,” RWE’s chief executive officer Markus Krebber told FT, noting that Germany is now seeing structurally higher energy prices as it depends on LNG imports. Despite re…
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Germany boasts record of arms exports to Ukraine
WAZ: Germany exported a record number of weapons to Ukraine in 2024
Deutsche Rüstungsexporte steigen nach Rekordjahr weiter
Die Ampel wollte mal Rüstungsexporte in Länder außerhalb von EU und Nato beschränken. Der russische Angriff auf die Ukraine hat aber nun zu einem Anstieg geführt, bei dem noch kein Ende absehbar ist.
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