Germany Heading For A Recession And Energy Rationing With Bills Tripling

Germany is, by a long way, the largest importer of Russian gas in the EU - buying some 52billion cubic metres of gas in 2020 according to figures from the bloc. The next-largest is Italy, on 28billion  

Daily Mail: Germany on the brink: EU's economic powerhouse is heading for recession and energy rationing – with bills tripling – after Merkel ignored warnings Putin could cripple Europe by choking gas supplies 

* Russia is slowly choking off gas supplies to Germany, which are now down to just 20 per cent of normal level 

* Country is now facing an acute shortage over winter, amid warnings whole industries may have to shut down 

* £240billion could be wiped off the economy, experts warn, which could plunge into a recession until 2024 

* Household bills could triple, with street lights dimmed and swimming pools already shut to make savings 

* Pain is a legacy of Angela Merkel, who ignored 15 years of warnings about over-reliance on Russian energy 

Europe's summer heatwave has only just finished, but already panic is growing in Germany over what horrors may lay in store for its citizens this winter. 

Vladimir Putin is choking the country's gas supplies - officially because of 'essential repair work' to pipelines, though few doubt he is exacting revenge for Berlin's defiance over Ukraine. Flows through Nord Stream 1, Germany's main gas pipe, are now at 20 per cent of normal levels. There are fears it could soon close for good. 

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WNU Editor: The de-industrializing of Germany continues. 

On a side note. The video below is on the German UN delegation laughing at President Trump's warning that they should get away from being dependent on Russian natural gas. Hmmmm .... I would love to know where are these German diplomats today.