Germany will grow less due to the war in Ukraine and will enter a recession in 2023 if the supply of Russian gas is cut off
Experts from the country's leading economic institutes said that the war conflict has resulted in an “added stress to international supply chains”
The European Union will consider sanctioning Russian oil and gas on Monday
Foreign Ministers will discuss applying tariffs on energy or paying for supplies through a trust. Among the reluctant countries are Germany, Austria and Hungary
Germany temporarily took control of the subsidiary of Russian gas company Gazprom
In Germany, subsidiaries operate the main gas and fuel storage facilities. The federal agency that manages the energy networks will become the administrator of the Moscow company until 30 September
The European Union and the United States agreed on measures to reduce dependence on Russian gas
The North American country will seek to work with international partners to provide 15 billion cubic meters of liquefied natural gas by 2022. Germany promised to quickly dispense with Putin's coal and oil
Germany closed an energy deal with Qatar to reduce its dependence on Russian gas
Berlin and Doha signed a long-term partnership following the meeting between German Economy Minister Robert Habeck and the Emir of State Sheikh Tamim bin Hamad Al Zani
