Following the start of hostilities, Berlin replaced Russian gas with costlier alternatives, with the industry bearing the brunt Germany has lost more than 200 billion euros ($216 billion) since the start of the Ukraine conflict nearly two years ago, the president of the German Institute for Economic Research, Marcel Fratzscher, has estimated. The expert told Die Rheinische Post that rising energy prices have been among the main contributing factors. For years, Germany’s prized industrial sector had been fueled by relatively inexpensive Russian gas. However, after Russia launched its offensive against Ukraine, the
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