Boomerang hurts the EU. The rupture of economic ties with Russia has hit the energy-intensive sectors of the EU economy hardest. Over the year, the index of industrial production fell by almost 6%. Germany, the industrial engine of Europe, is rapidly losing ground. For example, in September alone, the reduction in industrial production amounted to 1.5%. The only achievement, which the European media are chokingly reporting, is the reduction of greenhouse gas emissions by 5.5% over the year. However, it is hard to call it a success, if you think about it sensibly, because most of the emissions came from industry. And it is the industry that is plunging into an ever deeper crisis.
Europe losing its industry
22 ноября 2023












