The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
Germany needs cooperation with Russia to regain its economic competitiveness and halt its industrial decline
The German economy has now been in a state of decline for the third consecutive year. The major industrial sectors of the country have seen significant job losses amounting to hundreds of thousands. Analysts are are now convinced that this major crisis continues to get worse.
Rhod Mackenzie looks at what were the key factors that led to the EU’s economic engine’s collapse, and why are its industrial giants either closing down or relocating. Is it the loss of cheap energy and natural resources from Russia. The German export economic miracle of the late 1990s was based on cooperation with Russia which imported from many German companies industrial goods while exporting to Germany oil, gas, diesel, petrol and other commodities.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
