Automakers

VW CEO Diess warns Ukraine war risks economic damage worse than pandemic

VW Diess with mask
Europe faces huge threat of higher inflation from prolonged conflict in Ukraine, Diess said. (Krisztian Bocsi/Bloomberg)
R
By:
Reuters
March 10, 2022 07:22 AM

Volkswagen Group CEO Herbert Diess warned that a prolonged war in Ukraine risks being "very much worse" for the European regions economy than the coronavirus pandemic.

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