Germany: Boycotting Russian gas a threat to German economy and job market

International

The Confederation of German Employers’ Associations (BDA) and the German Confederation of Trade Unions (DGB) have affirmed that cutting off natural gas supplies from Russia will stop production and lead to more decline in manufacturing and a decrease in jobs in Germany, according to the German Press Agency (dpa).

Presidents of the two confederations said that the negative impacts of this measure will be more dangerous on the German economy and job market than on Russia.

Many German experts and politicians have stated that their country can’t boycott Russian gas soon, the press agency said.

The German Ministry of Economic Affairs and Climate Action, expected that Germany will completely abandon gas imports from Russia by the summer of 2024.

 Hamda Mustafa

You might also like
feature

Polyansky: Israel and Ukraine are waging a war against humanity

International

Granting green light to Israeli settlers to raid Al-Aqsa Mosque in big numbers a…

International

Dozens of settlers storm Al-Aqsa

International

Pushlin Foreign ships in the port of Mariupol return to their countries

Latest news
Jordan's King stresses need to support Syria's efforts to maintain its security and stability Trump's new tariffs affect Syria by 41% Fact-Finding Committee on Syrian Coast events: Detainees' testimonies should be documented Nine people martyred, several others wounded due to the Israeli bombardment of Daraa Foreign Ministry strongly condemns the latest wave of Israeli attacks on Syria A ship, carrying 147 heavy vehicles, arrives at Lattakia port to support Syria's transport sector Israeli occupation fires artillery shells on Tal al-Jumu' area in Daraa, makes incursion into Sad al... Lebanese Prime Minister Nawaf Salam congratulates Syrian President Ahmed Al-Sharaa on Eid Al-Fitr More than 14 Israeli airstrikes target Hama military airport and the Scientific Research Center in D... Anticipated meeting between Presidents al-Sharaa and Trump in Saudi Arabia next month Governor of Hama visits families in displacement camps in Syria's northern region on the occasion of... Syrian faces South Sudan in the Arab Cup qualifiers German Foreign Ministry welcomes the formation of the new Syrian government  Ukraine Welcomes the Formation of the New Syrian Government Israeli occupation kills and injures dozens of Palestinians in Gaza during the past 24 hours Charities in Homs arry out Humanitarian Initiatives for Orphaned Children and Elderly Israeli Occupation detains a citizen from Koya village in Daraa Al-Shibani: Growing international support for new Syrian government will help lift sanctions, suppor... Dujarric: UN Special Envoy for Syria encourages Syrian authorities' efforts towards credible, inclus... Heads of Christian communities in Aleppo congratulate the Governor on Eid al-Fitr