Part 2/7:
One of the most pressing issues confronting Germany is the continent’s ongoing effort to decouple from its key energy supplier, Russia. This move was initially driven by geopolitical considerations and moral commitments, but it has come at a heavy economic cost. The EU’s decision to sever energy dependence on Russia has led to soaring energy prices, which exacerbate inflation and inflate the costs of living across member states.
This decoupling has also triggered a painful de-industrialization process. German industries, once the backbone of Europe’s manufacturing strength, are struggling to cope with increased energy expenses and supply chain disruptions. As a result, many factories face closures or relocation plans, threatening long-term economic stability and workforce employment.