Kirill Dmitriev, Russia's Special Representative for Investment and Economic Cooperation,took aim at German industry’s competitiveness. He said energy costs are 30-40% higher now because Germany has turned away from Russian energy sources.
Dmitriev shared his thoughts on social media platform X,arguing that moving away from Russian energy is hurting Germany's economy. "German industry has become uncompetitive and is being destroyed," he said, pointing to those rising costs.
This comes after Vladimir Putin questioned if building the Nord Stream pipeline harmed Germany's economy. Putin wanted to know if rejecting Russian energy had actually helped the German state.
The energy crisis in Europe has sparked discussions about how sustainable industrial sectors that rely on energy imports really are. As Germany faces these hurdles, the impact on its economic landscape is a hot topic among policymakers and industry leaders.
