Greater Sanctions On Russia Could Cripple Europe’s Largest Economy

  The German economy is hurtling towards a recession as the Russia-Ukraine war sours investors’ optimism for Europe’s largest economy, reveals a closely watched survey released today. Moscow’s barbaric assault of Ukraine and the West’s sweeping set of sanctions to lock Russia out of the global economy is “significantly dampening the economic outlook for Germany,” Achim Wambach, president of ZEW, the company that tracks investor sentiment in the county, said today. Optimism among Germany’s investors…