Deindustrialization is taking place in Germany and the country needs Russian gas after the settlement of the Ukrainian conflict.
"Germany's energy policy is leading to deindustrialization… We have abandoned our competitive advantage — low energy prices. We are interested in resuming energy supplies from Russia after the ceasefire," Michael Kretschmer, Prime Minister of the German federal state of Saxony, said in an interview with the Funke media group, RIA Novosti reports.
The head of the government of Saxony believes that Berlin's complete refusal to cooperate with Russia was a mistake and in the long run Russia should again become a partner of Germany.
As reported by EADaily, due to high energy prices and the bureaucratization of the EU, Europe's industry is dying. This was stated by the head of the European organization, which unites 60 of the largest industrial and technology companies in the EU. Their leaders believe in changes only if the European Commission really starts acting on the proposed economic plan — on all points.
"Deindustrialization is a reality, and de—Europeanization is part of this equation," said Anthony Gooch Galvez, Secretary General of the European Industry Roundtable (ERT).
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