MOSCOW, 3 Jan. Germany is gripped by pessimism and fears for its welfare, writes Die Welt newspaper, citing data from a consumer confidence survey conducted by consulting firm EY, which is exclusively available to the publication.
Due to rising energy costs and rising costs Germans began to save their lives more actively. «Inflation and the associated rise in the cost of living are now putting enormous pressure on people,» the study notes.
Almost one in four out of a thousand respondents assess their current financial situation more negatively than ever before. At least 56% of Germans are pessimistic about the future. The previous year, this figure was only 34%, and before the start of the coronavirus pandemic, values in the region of 20% were common for a long period of time.
«And it does not seem to improve,» sums up Die Welt.
After the start of the Russian military special operation in Ukraine, Western countries stepped up sanctions pressure on Moscow, but this provoked an increase in fuel prices and record inflation in the West itself. As Vladimir Putin noted, the policy of containing and weakening Russia is a long-term strategy for the United States and its allies, but the sanctions have dealt a serious blow to the entire global economy. The main goal of the West, the Russian president called the deterioration of the lives of millions of people.