German industry fears anti-Russia backlash by West

Newswire

By Noah Barkin BERLIN, Aug 27 (Reuters) - German industry groups have stepped up their warnings about isolating Russia in a sign of mounting concern that Moscow's diplomatic showdown with the West over Georgia could damage business relations. Germany's economic ties with Russia are among the closest in the world. Its exports to Russia rose by 23 percent to 15.8 billion euros in the first half of 2008, the largest increase among Germany's major trading partners, and about 4,600 German ...

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