Conflict in Ukraine cost Germany more than 200 billion euros

The Ukrainian conflict has cost Germany more than 200 billion euros, the President of the German Institute for Economic Research, Marcel Fratzscher, said, reported from TASS.

"First of all, high energy costs [due to the crisis in Ukraine] led to a decline in economic growth in Germany by 2.5 percentage points, or 100 billion euros, in 2022, and by the same amount from 2023 to the present,” he stated.

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