What will the cost be to to the German economy?
The German economy in 1974 was still troubled by the 1973 oil price increase.
The German economy, the world's third largest, is twice the size of all those countries together.
Restaurants and other services were closed to focus the German economy on military needs.
By late 1944, almost the entire German economy was dedicated to military production.
"That hardly seems possible, given what we've seen from the hard numbers on the German economy."
The German economy, he said, was unlikely to grow more than 2 percent a year for years ahead.
It may be as well to start by considering just how successful the German economy has been.
German economy grew by 3pc in 2011, strongest since 2006.
Russia in turn has vast natural resources which are of significant interest to the German economy.
