German plans to subsidise households’ gas bills from next year risk impairing competition between suppliers and ultimately raising prices, the Leibniz Centre for European Economic Research (ZEW) said on Friday.
read more... 07/11/2022
Germany's expert gas commission on Monday presented proposals to the government for a gas price cap in Europe's biggest economy to help citizens cope with soaring energy prices and encourage companies to remain in the country and preserve jobs.
read more... 01/11/2022
The German government is likely to insist companies that benefit from a planned "brake" on gas prices meet conditions, such as staying in the country or preserving 90% of the jobs they provide for a year, sources familiar with matter told Reuters.
read more... 31/10/2022
German Chancellor Olaf Scholz said on Thursday he believed EU states could find a solution to contain speculative spikes in gas prices, while Greece urged EU energy ministers to reach agreement on the issue when they meet next month.
read more... 28/10/2022
The European Union could introduce a gas price cap this winter to limit excessive price spikes, but only if countries give Brussels a mandate to propose the measure, the bloc’s energy chief said on Wednesday (26 October).
read more... 27/10/2022