Home » German SMEs worry about inability to cope with Russia’s natural gas cut – Reuters

German SMEs worry about inability to cope with Russia’s natural gas cut – Reuters

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Summary

[German small and medium enterprises are worried about being unable to cope with Russia’s natural gas supply cut-off]On April 28, local time, Jaeger, chairman of the German Federal Federation of Medium Enterprises, said that small and medium-sized enterprises are very worried about Russia’s natural gas supply cut-off. He said the economic impact of disruptions to gas supply was immeasurable, with small and medium-sized companies “having little opportunity to move production flexibly and quickly”. (CCTV News Client)

On April 28, local time, Jaeger, chairman of the German Federal Federation of Medium Enterprises, said that small and medium-sized enterprises are very worried about the interruption of Russian natural gas supply. He said the economic impact of disruptions to gas supply was immeasurable, with small and medium-sized companies “having little opportunity to move production flexibly and quickly”.

At present, Russia’s natural gas supply to Germany is normal, but after Russia announced that it will cut off natural gas supply to Poland and Bulgaria, Germany is very concerned about it.

Jaeger said Germany must always prepare for the worst, and the most important thing now is to secure supplies for next winter.

German Deputy Chancellor Habeck said on the 27th that Germany’s dependence on Russian natural gas imports has dropped from 55% to 35%, but Germany is still unable to completely get rid of Russian natural gas in the short term.

(Article source: CCTV News Client)

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