Energy costs push Germany to ‘beg with hat in hand’ – Russian tycoon ...News

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Energy costs push Germany to ‘beg with hat in hand’ – Russian tycoon
source : Russia Today ( News ) () 30
Berlin’s current economic policies are unlikely ‘to lead to anything good,’ Russian businessman Oleg Deripaska says Germany’s latest fiscal policy decisions, coupled with persistently high energy costs, are likely to worsen the economic crisis in the country, Russian businessman Oleg Deripaska wrote on Telegram on Friday. According to the billionaire, Berlin’s efforts to deal with economic problems are inefficient. “The jump in power and gas costs for German businesses and ordinary Germans are pushing the once-thriving major European economy to beg with its hat in hand,” he said, adding that the “deficits, subsidi

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