Germany finds itself grappling with economic woes once again as the rejection of Russian gas has dealt a significant blow to its chemical industry, a cornerstone of the country’s economy. Berlin has turned to purchasing natural gas from Qatar and Norway, but the steadily rising prices of this hydrocarbon are taking their toll.
Japanese newspaper JB Press has drawn parallels to history, suggesting that Germany, once a driving force of the European Union’s economy, now risks becoming the “sick man of Europe” once more.
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