Will The German Economy Survive The Winter?

   

Keith Woods

 

Published on Oct 4, 2022

A look at the forecasts for the German and broader European economy in the wake of the destruction of the Nord Stream pipelines. Will German manufacturing survive without cheap Russian energy?

Relevant Articles:
How bad will the German recession be?: https://www.spiegel.de/international/business/energy-crisis-fallout-how-bad-will-the-german-recession-be-a-9e1f479e-5fef-4e62-b5ca-2f9e87b9bbca

Rystad Energy report on European energy forecast: https://www.rystadenergy.com/news/winter-is-coming-russian-gas-supply-cuts-cause-price-volatility-and-potentially-p

"Goldman Sees $2 Trillion Surge in Europe Energy Bills by 2023": https://www.bloomberg.com/news/articles/2022-09-06/goldman-sees-2-trillion-surge-in-europe-energy-bills-by-2023#:~:text=Energy%20bills%20for%20European%20households,utilities%20analysts

"How gas rationing at Germany’s BASF plant could plunge Europe into crisis": https://www.theguardian.com/business/2022/sep/15/gas-rationing-germany-basf-plant-europe-crisis

BASF relocating to China: https://www.globalconstructionreview.com/basf-starts-work-on-e10bn-chinese-petrochemical-plant/

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