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.
- Jul 04, 2022, 1:30 PM CDT
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 byPlanned maintenance on the Nord Stream 1 pipeline will see cuts in Russian gas supplies to Germany for a period of 11 days. However, German energy officials have warned that Russia could leverage this planned maintenance to cut gas supplies to Germany fully.
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