BERLIN/COPENHAGEN—Germany faces certain recession if already faltering Russian gas supplies completely stop, an industry body warned on Tuesday, as Sweden joined a growing list of European nations rolling out emergency plans to cope with a deepening energy supply crisis.
European Union countries from the Baltic Sea in the north to the Adriatic coast in the south have been outlining measures to cope with a supply crisis after Russia’s invasion of Ukraine.
The EU relied on Russia for as much as 40 percent of its gas needs before the war—rising to 55 percent for Germany—leaving a huge gap to fill in an already tight global gas market. Some states have temporarily reversed plans to shut coal power plants in response….