Baku 12° C
Conflict in Ukraine cost Germany more than 200 billion euros
Other countries
- 21 February, 2024
- 06:56
The Ukrainian conflict has cost Germany more than 200 billion euros, the President of the German Institute for Economic Research, Marcel Fratzscher, said, Report informs via TASS.
“First of all, high energy costs [due to the crisis in Ukraine] led to a decline in economic growth in Germany by 2.5 percentage points, or 100 billion euros, in 2022, and by the same amount from 2023 to the present,” he stated.
Author
Latest News
20:55
Photo
Georgian Host TV delegation gets acquainted with Baku TV operations
Media20:47
BP in talks to transfer pipeline operator role to Azerbaijan, Georgia, and Türkiye – EXCLUSIVE
Energy20:40
Photo
Jazz-Mugham special concert held at Sanat Art Center
Culture20:32
Photo
Opening ceremony held for Baku International Film Festival
Culture20:29
Irish police investigate reports of drones during Zelenskyy's arrival
Other countries20:17
AFFA and Pakistan Football Federation sign memorandum of understanding
Sports20:08
APOPO and ANAMA launch joint project with UK's support
Foreign policy20:00
Costa: EU plans to invest in critical raw materials laboratory in Kazakhstan
Region19:48
Photo