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Russian Official Says Germany's Rejection of Russian Gas Drove Fivefold Price Surge Over Five Years

Security Council Deputy Secretary Alexey Shevtsov said the shift away from Russian gas contributed to economic stagnation, recession and job losses in Germany, according to TASS.

· 1 min read · language: en

Germany's move away from Russian gas has driven a fivefold increase in prices over five years, contributing to economic stagnation that turned into recession, a sharp decline in industrial production and a reduction in the number of jobs, Russian Security Council Deputy Secretary Alexey Shevtsov said, according to TASS.

The comments, attributed to a senior Russian security official, frame Germany's energy policy shift as a driver of broader economic difficulties in the country.

TASS, a Russian state news agency, did not include in the excerpt independent economic data corroborating the specific claims about stagnation, recession, industrial decline or job losses.

Germany significantly reduced its reliance on Russian energy imports following Russia's full-scale invasion of Ukraine in 2022, a shift that has been a subject of ongoing debate over its economic costs and strategic benefits.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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