That means unlikely. As in “a recovery of German industry to the level before the war in Ukraine is unlikely.”

Go Green, go… lean.

Germany set to permanently pay for reliance on Russian gas—as power chief says ‘significant structural demand destruction’ means it will never fully recover from energy crisis.

German industry got rich, thanks partly to its close energy trading relationship with political and economic rival Russia. The past few years have shown just how misguided that relationship was, as Russia invaded Ukraine and cut off Germany’s cheap, vital gas supply.

Now, one of Germany’s leading renewable-power bosses has suggested it’s a mistake the country could rue forever, as the fallout from the energy crisis is set to permanently damage its industry.