Krebs, Tom - 2022 - This version: July 6th, 2022
. According to recent simulation studies, the demand-side effects of an energy embargo (coal, oil, natural gas) reduce GDP between … 2 percent and 4 percent in the short run. These results underscore the high degree of uncertainty regarding the economic … to act as swiftly as possible to ensure independence from Russian energy imports. In addition, Germany’s future energy …
