Flags on the Bundestag building in Berlin, Germany. Archival photoMOSCOW, 24 Apr. Germany plans to increase external borrowing by almost 40 billion euros to mitigate the economic impact of the conflict in Ukraine, Bloomberg reports citing sources. individuals. If the parliament approves this plan, the total amount of Germany's public debt will reach 140 billion euros. After the start of the Russian military special operation to demilitarize and denazify Ukraine, Western countries increased sanctions pressure on Moscow. Restrictive measures are directed primarily against the banking sector and the supply of high-tech products. Calls to reduce dependence on Russian energy resources have become louder in Europe. However, all this has already turned into economic problems for the West itself, causing an increase in fuel and food prices. According to Deutsche Wirschafts Nachrichten, Germany's spending on Russian oil this year could reach 14.3 billion euros, and gas — 17.6 billion . Nevertheless, Berlin expects to abandon coal and oil by the end of the year, and gas from Russia by mid-2024. : Germans panic over government plans to cut off Russian gas
