German Union Head: Entire Industries Could Fall Because Of Gas Bottlenecks ...Middle East

Economy by : (OILPRICE) -
Germany's trade union head sounded the alarm bells on Monday, telling local media that Russian natural gas supply cuts could lead to widespread industrial collapse. "Entire industries are in danger of collapsing permanently because of the gas bottlenecks: aluminum, glass, the chemical industry," German Federation of Trade Unions head Yasmin Fahimi told reporters. "Such a collapse would have massive consequences for the entire economy and jobs in Germany," he added, as reported by Business Insider. The dire warning comes ahead of another planned…

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