The German economy minister has warned that his country -- Europe’s largest economy --will take a hit following the war in Ukraine, APA reports citing CNN.
Robert Habeck told public broadcaster ZDF on Wednesday: “We will be poorer.”
“It is not possible that this ends without costs for the German society, it is unthinkable. I believe that we are ready to pay this price which is small enough compared to the sufferings in Ukraine,” he added.
We are a war party, an economic war party, Habeck said. "And we are paying [a] high price, a price that is not comparable to the price that Ukrainians are paying. They are dying, they are being displaced, they are being shelled, we have a high inflation.”
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