Germany lost its place as the world’s 5th largest economy to Russia, just as the president predicted, Karin Kneissl has said Russian President Vladimir Putin was right on the mark when he suggested last summer that his country would overtake Germany in the list of top economies by purchasing power parity (PPP) despite Western sanctions, former Austrian Foreign Minister Karin Kneissl has said. In an interview with journalist Flavio von Witzleben on Sunday, Kneissl summed up the year’s developments, mentioning that Russia had achieved strong results both on the battlefield in the fight against Ukraine, and on the ec
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