Europe’s biggest economy faces wave of bankruptcies — banking chief
May 8th 2022 4:53am EDT
Aggressive sanctions against Russia are sending financial shockwaves through Germany Germany will be battered with a wave of bankruptcies due to Ukraine-related sanctions against Russia, according to Commerzbank Chief Executive Officer Manfred Knof. “The energy supply in Germany is at risk, supply chains are breaking down, we have high inflation,” Knof was quoted by the […]
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