Tag: Russia gas

• Thursday, January 16th 2025 - 13:48 UTC

  German economy shrinks second year running; lack of Russian gas and Chinese industry hit hard

  

  The German economy, the heart of European Union dynamism shrank by 0.2% in 2024, the second year in a row, according to Destatis, the German Federal Stats Office. In 2023, the German GDP, Europe’s largest contracted by 0,3%.

• Saturday, August 6th 2022 - 11:38 UTC

  Germany resurrecting nuclear, oil and coal powered plants to replace Russian gas

  

  With the Ukrainian war still raging and making arrangements ahead of next winter, Germany despite its original pledges and with a coalition that includes the Green party, Chancellor Olaf Scholz has admitted for the first time that the country could put off the retirement of its nuclear power grid.