According to a report by Bloomberg on July 3, Jasmen Fahimi, chairman of the German Trade Union Confederation, warned on Sunday that several major German industries may face permanent collapse due to reduced natural gas supplies from Russia.

2024/05/2512:17:33 international 1845

According to a report by Bloomberg on July 3, Yasmin Fahimi, chairman of the German Trade Union Confederation (DGB), warned on Sunday that several major German industries may face difficulties due to reduced supplies of natural gas from Russia. Permanent collapse. According to reports, she will begin negotiations with German Chancellor Olaf Scholz on Monday to discuss the related crisis.

According to a report by Bloomberg on July 3, Jasmen Fahimi, chairman of the German Trade Union Confederation, warned on Sunday that several major German industries may face permanent collapse due to reduced natural gas supplies from Russia. - DayDayNews

Data picture

The report quoted Fahimi’s answer in an interview with Germany’s Bild newspaper as saying, “Due to natural gas (supply) bottlenecks, many industries are in danger of permanent collapse, including the aluminum, glass, and chemical industries. "A collapse will have a huge impact on Germany's entire economy and employment."

Fahimi said that the energy crisis has pushed Germany's inflation to a record high. She also called for a price cap on household energy consumption. She also believes that the increase in carbon dioxide emissions charges will further increase the burden on German families and companies, and that this crisis may lead to social and labor unrest.

reported that German Deputy Chancellor and Minister of Economy and Climate Protection Robert Habeck (Robert Habeck) said on Saturday that the government was working to solve the soaring costs faced by utilities and their customers, but did not disclose details. He had earlier warned that tight Russian gas supplies could trigger deeper unrest, likening the situation to the role played by U.S. firm Lehman Brothers in triggering the 2008 financial crisis.

Bloomberg said that Russia has reduced the amount of natural gas transported through the "Beixi-1" pipeline by 60%, and the pipeline is scheduled to be fully closed this month for maintenance. Germany has expressed doubts about whether supply from the Nord Stream 1 pipeline will be restored later.

As Europe experiences a scorching summer and is doing its best to store natural gas for this winter, Russia suddenly announced that it would temporarily close the two lines of the "Nord Stream-1" natural gas pipeline that delivers natural gas to Europe from July 11 to 21. Although Russia claims that this move is a planned technical maintenance, European public opinion generally believes that this is Russia's counterattack against Western sanctions. Although this move does not completely cut off the gas supply to Europe, experts estimate that this move will reduce the gas transmission volume of the "Nord Stream-1" pipeline in July by 40%, which will intensify the "gas shortage" in Europe.

edit(ZQ)

international Category Latest News

On July 7, Zhang Anshun, member of the Standing Committee of the Provincial Party Committee, Secretary of the Municipal Party Committee, and Director of the Foreign Affairs Working Committee of the Municipal Party Committee, presided over the third plenary meeting of the Foreign  - DayDayNews

On July 7, Zhang Anshun, member of the Standing Committee of the Provincial Party Committee, Secretary of the Municipal Party Committee, and Director of the Foreign Affairs Working Committee of the Municipal Party Committee, presided over the third plenary meeting of the Foreign

Zhang Anshun emphasized at the third plenary meeting of the Municipal Party Committee’s Foreign Affairs Committee: Promoting high-quality economic and social development of the city with high-quality and efficient foreign affairs work Zhang Qixiang attended