Book details

208 Pages
Publication date: February 2023
Imprint: ecoWing
Thomas Mayer

Russia’s Work and Germany’s Contribution

How Putin’s and Merkel’s Policies Became Our Undoing

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How Merkel’s policies led Germany into dependency

The invasion of Ukraine by Russian troops triggered a political and economic earthquake that plunged Europe into a massive crisis of energy and consciousness. In this book, Thomas Mayer explains why the cause for this can (also) be found in Angela Merkel’s economic and foreign policy.

Angela Merkel and Vladimir Putin have played key roles in shaping European-Russian relations. However, the war in Ukraine brought the period of rapprochement to an abrupt end. The consequences: an energy crisis and a shaken global economy. Economic policy expert Thomas Mayer tells the German-Russian story of Merkel and Putin, their socialization in the Soviet empire and their political careers—from the fall of the Berlin Wall to the war in Ukraine. He also shows how Merkel’s economic and foreign policy virtually paved the way for the current crisis.

»The former chief economist of the Deutsche Bank accurately traces the recent economic and political development in both countries.«
Frankfurter Allgemeine Zeitung


Thomas Mayer

Thomas Mayer, born in 1954, holds a doctorate in economics and is a renowned financial expert. He has worked for the International Monetary Fund in Washington and for the investment banks Salomon Brothers and Goldman Sachs in London, among others. In 2010, he became chief economist of the Deutsche Bank Group and head of Deutsche Bank Research. Since 2014, he has been the head of the think tank Flossbach von Storch Research Institute.