Germany’s rejection of Russian gas drives fivefold price surge over 5 years

AI Summary

Germany's rejection of Russian gas has caused a fivefold surge in energy prices over five years, contributing to economic stagnation and recession as reported by Russian Security Council Deputy Secretary Alexey Shevtsov. Industrial production and job numbers have sharply declined as a result.

Russian Security Council Deputy Secretary Alexey Shevtsov said it resulted in economic stagnation turning into recession, a sharp decline in industrial production, and a reduction in the number of jobs