Ukrainian Conflict to Cost German Economy $190Bln, 4.5% of GDP in 2023, Study Says

Ukrainian Conflict to Cost German Economy 0Bln, 4.5% of GDP in 2023, Study Says

BERLIN (Sputnik) – The German economy will lose an estimated 175bln euros ($190 bln) or 4.5% of the gross domestic product (GDP) in 2023 due to the consequences of the Ukrainian conflict, according to a study by the German Economic Institute (IW).

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