Germany could lose $240 billion in annual output if Russian energy were cut

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Germany could lose $240 billion in annual output if Russian energy were cut
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Germany's economy could lose $240 billion — 6.5% of its annual output — over the next 2 years if Russian oil and gas were cut off immediately

Ying Tang/NurPhoto/Getty ImagsAn immediate ban on Russian energy would send Germany into"a sharp recession," per a report by economic institutions advising Berlin.

Germany could lose $240 billion, or 6.5% of its annual economic output, over two years if Russian gas were halted. Sign up for our weekday newsletter, packed with original analysis, news, and trends — delivered right to your inbox.By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our

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