“Companies across Germany have been scrambling to adjust to the near disappearance of Russian gas,” the Financial Times reports.
“They have dimmed the lights, switched to oil — and, as a last resort cut production. Some are even thinking about moving operations to countries where energy is cheaper.”
“That is triggering deep concern about the future of German industry and the sustainability of the country’s business model, which has long been predicated on the cheap energy guaranteed by a plentiful supply of Russian gas.”
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