Most recently, in an interview with the Handelsblatt, business wise man Veronika Grimm spoke out in favor of an energy embargo against Russia as soon as possible. “The longer we wait, the more time Putin and his allies will have to adjust to the sanctions,” she said. In order to cushion the consequences of an import freeze, she brought up a brief suspension of the debt brake, among other things. However, the industry warns of a delivery stop.
On Tuesday, US President Joe Biden announced an import ban on Russian oil. Great Britain also wants to phase out imports of oil and oil products from Russia by the end of the year. What consequences does this have for energy prices? Are worries about stagflation justified? What effects did the war have on the German economy?
In a live recording for our “Handelsblatt Disrupt” podcast, Handelsblatt editor-in-chief Sebastian Matthes discusses with Veronika Grimm, member of the German Council of Economic Experts, from 2 p.m about these topics.
She then answers your questions. Ask your question about Slido here.
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