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Energy expert warns of capacity decline of German industrial enterprises due to energy shortage

CGTN, 14 Dec 2022
For more:
https://news.cgtn.com/news/2022-12-14/Expert-Energy-shortage-causes-capacity-decline-of-German-industry-1fLcJhlIjM4/index.html

During a Monday interview with China Media Group, Alexander Rahr, a German energy expert, expressed his concern about the falling capacity of German industrial firms and the lack of government funding to support them. He warned that German industrial enterprises, which are highly dependent on natural gas from Russia, are in grave difficulties, and the backlash of sanctions against Russia will make Germany's energy situation even worse within the context of soaring prices due to the ongoing Ukraine-Russia conflict.

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