Expert says Ukraine war expenses cost Germany more than EUR200bn menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The German government's annual economic report is bleak. Any hopes that things might pick up again in 2024 have vanished into thin air. Companies and citizens are feeling uneasy.
Economic researchers have stated that Russia's war against Ukraine has already cost Germany over €200 billion. Source: Tagesschau, as reported by European Pravda Quote: "Germany's economic losses after two years of war in Ukraine are likely to significantly exceed €200 billion," Marcel Fratzscher, President of the German Institute for Economic Research (DIW), said.