Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.
Sheikh Qassem: The government’s latest decision [on the disarmament of the Resistance] is non-charter-based, and if the government continues down this path, it is not faithful to Lebanon’s sovereignty.

Germany's production might shut down if Russian gas halted: Habeck

  • By Al Mayadeen English
  • Source: Agencies
  • 12 Jun 2023 16:15
  • 4 Shares
3 Min Read

Germany's Economy Minister warns that Europe's largest economy might be forced to shut production if Ukraine's gas transit agreement with Russia is not extended beyond 2024.

  • x
  • Germany's production might shut down in 2025 if Russian gas halted
    An employee turning a valve of a gas installation during a training exercise for handling emergencies at a gas-pumping station on the gas pipeline in the small town Boyarka in the Kive region, Ukraine, April 22, 2015. (AFP)

Europe's largest economy could end up shutting down industrial production if Ukraine's agreement with Russia to transit gas to Europe is not extended, Germany's Economy Minister Robert Habeck warned on Monday.

The gas transit deal, which is set to expire at the end of 2024, is still a main source of energy for countries such as Italy, Austria, Hungary, and Slovakia, and remains a source of revenue for Kiev, which earns transfer fees by allowing gas passage through its territory.

On May 2, the Federal Statistical Office Destatis said that Germany had officially fallen into recession, revealing that the country's GDP recorded a growth decline in two consecutive quarters.

Read more: German gas giant begging for state funding

In an economic forum in eastern Germany's Bad Saarow, the Vice Chancellor cautioned that policymakers should avoid “making the same mistake again” of presuming that the economy will not be impacted without preparing plans to secure energy supplies.

“There is no secure scenario for how things will turn out,” he stressed.

Related News

Ukraine bonds decline as tensions between Trump, Europe escalate

Paris invests in 'media presence' in Africa, ME, East Europe

Germany will have to export gas to Eastern European countries to fill potential demand gaps in accordance with EU rules of sharing energy shortage burdens, leaving German producers with limited or even no gas supplies, he added.

This will make establishing the planned LNG terminals north of the country, a project that would increase storage capacity but is opposed by locals and evniormental activist groups, vital to maintain energy flow to Eastern Germany and Eastern Europe, Habeck said.

The Center on Global Energy Policy published a report last week stating that the current terms of the transit gas agreement are unlikely to remain the same even if it was extended.

Read more: UK going into recession in less than two years: Former US Treasury Sec

“Direct negotiations between Ukraine and Russia on the extension of the transit contract look highly implausible in the current environment,” the report said, citing a lack of political consensus.

Last week, Europe's statistics agency Eurostat announced the Eurozone officially entered a recession.

Predictions of a recession in the Eurozone go back as far as the first months which followed the start of the conflict in Ukraine. However, in November 2022, the EU Commission published a report titled 'Autumn 2022 Economic Forecast: The EU Economy at a turning point, where it projected a recession nearing ahead. 

  • Eastern Europe
  • Energy crisis
  • Russia
  • Germany
  • gas
  • BER
  • war in Ukraine
  • Russian Gas
  • Ukraine
  • Robert Habeck

Most Read

Tom Artiom Alexandrovich, executive director of the defense division of the Israeli National Cyber Directorate, undated (Social media)

Israeli-born US prosecutor drops Israeli officer child sex crime

  • Politics
  • 19 Aug 2025
Displaced Palestinians walk through a makeshift camp along the beach in Gaza City, Sunday, Aug. 10, 2025 (AP)

Hamas, other factions accept Egypt-Qatar ceasefire proposal: Exclusive

  • Politics
  • 18 Aug 2025
Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime minister's office in al-Quds, Occupied Palestine, Sunday, Aug. 10, 2025 (AP)
Politics

Netanyahu deliberately derailing truce with Gaza occupation: Hamas

Irish President Michael Higgins arrives to deliver his speech during a 42nd World Food Day celebration at FAO headquarters in Rome, on Oct. 16, 2023. (AP Photo/Alessandra Tarantino)
Politics

Irish president renews call for UN military intervention in Gaza

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during an interview with The Associated Press at the US Embassy in Aukar, northern suburb of Beirut, Lebanon, Monday, July 21, 2025 (AP)
Politics

US envoy, Netanyahu discuss restraining attacks on Lebanon, withdrawal

Smoke billows following Israeli airstrikes in multiple areas in Sanaa, Yemen, Sunday, Aug. 24, 2025 (AP)
Politics

Ansar Allah vow sustained Gaza support despite Israeli strikes

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS