16:59 - 3.02.2026

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February 3, Fineko/abc.az. Over the past 4 years, real incomes of German residents have lowered by 10.2%, while prices have increased by 21.5%.

ABC.AZ reports that experts attribute this to a "snowball" of problems: abandonment of Russian gas and the switch to expensive fuel from the U.S. led to an increase in commodity prices and a 6.6% drop in German industry.

Despite the preparation of the 20th package of sanctions by the EU, analysts note the depletion of Germany's gas reserves and the ineffectiveness of the sanctions policy for Europe itself.