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Sanctions against Russia are expected to cost Germany 5 billion euros each year

Read More: No deal on new EU sanctions against Russia expected at leaders’ summit – Germany

Sanctions
Sanctions against Russia

Read More: Germany’s Scholz vows new sanctions over Russia ‘war crimes’

Since then, the German energy regulator, the Bundesnetzagentur, has had to acquire replacement gas on the market to meet supply commitments with German municipal utilities and regional suppliers as trustee.

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