EU sanctions on Russia could grind German industry to a halt

Berlin used to import large quantities of cheap energy from Moscow to keep factories running The EU’s largest economy is facing a further economic decline and de-industrialization as a result of the bloc’s sanctions policy against Russia, German MP Uwe Schulz has warned. According to a statement published on the website of the right-wing AfD party, of which Schulz is a member, the punitive measures have failed to hurt Russia, but have devastated the German economy. “Sanctions against Russia and economic measures by the ruling Traffic Light Coalition [the Social Democratic Party of Germany, the Greens and the Free

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