BERLIN, June 24 (KUNA) -- The shortage of energy supplies, especially gas, due to the ongoing Ukraine war curbed Germany's economic growth last month, info Institute said on Friday.
It said in a report that its index of the growth of Europe's biggest economy dropped from 93 points in May to 92.3 points in June.
The rise in energy prices and concerns over a looming gas crisis is so worrisome for various economic sectors, according to the report, warning of a possible economic crisis if Russia decides to turn off the taps.
The Germany government on Thursday declared the second stage of the country's national gas emergency plan, after Russian gas supplies were reduced to 60 percent last week. (end)