JUST IN – Germany's central bank warns EU embargo on Russian gas would dent GDP by 5% in 2022, triggering an energy crisis and the deepest recessions of recent decades.
— Disclose.tv (@disclosetv) April 22, 2022
A battle of economic assessments in Germany continues: Bundesbank said an immediate EU ban on Russian gas would cost Germany $180bn or 5% of GDP.
Others disagree, arguing that the gas embargo is manageable due to country's strong fiscal reserves.https://t.co/vzcBJPEs0G
— Dr Maria Shagina 🇺🇦 (@maria_shagina) April 22, 2022