The explosion of the Nord Stream pipeline has ended energy cooperation between Russia and Germany, which had served as a model of mutually beneficial cooperation for decades, Russian Ambassador to Germany Sergei Nechayev said, News.Az reports citing RIA Novosti.

German industry is experiencing its worst recession since the formation of the republic in 1945, writes Robin Winkler, chief economist of Deutsche Bank Research's economic department, in a recent study, News.Az reports citing Berliner Zeitung .