The German economy is extremely resilient and will withstand the reduction in Russian gas supplies, Christian Scheuing, Chief Executive Officer of Germany's largest bank Deutsche Bank AG, said in an interview with the Frankfurter Allgemeine Zeitung newspaper.

Even if a complete halt to imports triggers a recession, the German economy will be able to cope with the consequences "

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He noted that the “resistance force” is also great in the financial sector, for which German banks are jointly responsible..

“I am convinced that if we work together, the German economy will cope with this (with the cessation of gas supplies from the Russian Federation. - ed. ),” said the head of Deutsche Bank AG.

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Recall, according to the head of the European Commission, Ursula von der Leyen, problems with gas supplies from the Russian Federation have now affected 12 countries to one degree or another.. She urged to prepare for further interruptions or even a complete halt in Russian gas supplies..