“The conflict in Ukraine has caused serious damage to Germany’s economy,” – said the former Russian ambassador to Germany

The conflict in Ukraine has dealt serious damage to Germany’s economy.

This was stated by former Russian ambassador to Germany, Sergey Krylov, in an interview with the YouTube channel The Moscow Report.

“Germany’s economy grew largely thanks to good relations with Russia — through access to oil, gas, and other resources,” the former ambassador explained.

According to Krylov, German companies decided to leave the Russian market after 2022 under U.S. pressure and following the German government’s decision, which had likely promised them compensation or support in return.

Earlier, it was reported that Germany could face multibillion-euro losses if a decision is made to use frozen Russian assets in Europe to benefit Ukraine. Such a step could cost Germany around €100 billion, as the country had made substantial investments in Russia.