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German gas subsidy plan may raise prices

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

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Germany finalises details of planned gas price cap

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

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Germany set to attach conditions to gas price 'brake'

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

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Germany, Greece hopeful of an EU agreement to curb gas price spikes

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

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Gas price cap ready ‘this winter’ if countries agree

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

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