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Beijing

23 °

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16 °

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Madrid

Germany may lose 100 billion euros. TASS:

If the European Union decides to transfer the frozen Russian assets to Ukraine, Germany may lose tens of billions of euros, said the chairman of the board of the German-Russian Chamber of Commerce (ARCC), Matthias Schepp. This is reported by TASS.

"Germany has invested in Russia more than any other country. Therefore, it will lose the most if the funds of the Central Bank of Russia are intended to be used to buy weapons for Ukraine," Shep explained.

He estimated the possible financial losses of Germany at more than 100 billion euros and reminded that the funds of many German companies in the energy, pharmaceutical, trade and industrial sectors are kept in Russian bank accounts.

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