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Businesses and unions in Germany have joined forces to oppose a possible EU embargo on Russian gas, saying it would halt work for the industry.
Many figures in Germany are calling for a broad EU ban on Russian gas imports following the country’s occupation of Ukraine in February.
But German employers and unions announced Monday that they oppose such a move, saying it would lead to job losses and factory closures in the EU’s largest economy.
“A rapid gas embargo would lead to production losses, closures, further de-industrialization and long-term job losses in Germany.Said Rainer Dulger, chairman of the BDA employers’ group, and Reiner Hoffmann, chairman of the Confederation of DGB Trade Unions, in a joint statement Monday.
They added that while EU sanctions are needed to put pressure on Russia, they should minimize the impact on those who impose them.
EU ministers are currently debating a possible Russian oil embargo, as Ukrainian leaders say revenues from energy sales are funding Russia’s war effort in Ukraine.
This follows an EU decision in April to ban Russian coal imports.
Germany, along with Italy, Hungary and Austria, is heavily dependent on Russian energy and has been one of the EU’s most reserved countries in sanctioning gas and oil imports.
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