The German Trade Union Federation warned: Russia has decreased, and several industries in Germany may permanently collapse

Author:Global Times Time:2022.07.04

According to Bloomberg report on July 3, the German Trade Union Federation (DGB) Chairman Yasmin Fahimi warned that several major industries in Germany could face permanent collapse due to the decrease in Russia's natural gas supply. It is reported that this Monday, she will begin negotiations with German Chancellor Olaf Tsumers to discuss the relevant crisis.

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The report quoted Figmi in an interview with Germany's "Photo" and said, "Due to natural gas (supply) bottlenecks, many industries are in the danger of permanent collapse, including aluminum, glass, and chemical industry. It will have a huge impact on the entire economy and employment in Germany. "

Fahimi said the energy crisis has pushed Germany's inflation to a record high. She also called on the upper limit of the price of family energy consumption. She also believes that the rise in carbon dioxide emissions charges means that it will further increase the burden on German families and companies, and this crisis may lead to social and labor turmoil.

It is reported that Robert Habeck, the Vice Premier of Germany and the Minister of Economic and Climate Protection, said on Saturday that the government is trying to solve the problem of soaring costs faced by the public business department and its customers, but the details are not disclosed. Earlier, he warned that the tight natural gas supply in Russia could cause deeper turbulence and compare this situation to the role of American Lehman Brothers in the 2008 financial crisis.

According to Bloomberg, Russia has reduced the number of natural gas transportation through the "Beixi-1" pipeline by 60%. The pipeline is planned to be fully closed this month for maintenance. Germany expressed doubts about whether the "Beixi-1" pipe would resume supply after the "Beixi-1" pipeline.

As European experienced the heat and made every effort to store natural gas this winter, Russia suddenly announced that it will temporarily close the two lines of "Beixi-1" natural gas pipelines that will temporarily close the natural gas pipelines that will temporarily transport natural gas to Europe. Although Russia claims that this is the technical maintenance within the plan, European public opinion generally believes that this is Russia's counterattack against Western sanctions. Although this move has not broken the gas supply in Europe, experts estimate that the move will drop the "Beixi-1" channel in July by 40%, which will lead to the intensification of European "gas shortage".

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