Tag: Energy price
The ECB has three bad options
ECB President Christine Lagarde With three serious crises at the same time – epidemic, war and climate change – the price structure gets mixed up. (Photo: Bloomberg) German producer prices…
Habeck’s visit to the sheikhs
Robert Habeck in the United Arab Emirates The Federal Minister of Economics in conversation with UAE Energy Minister Suhail al-Masrui (2nd from right). (Photo: dpa) The Greens are slowly approaching…
Prices up 25 percent
Compressor station for Russian natural gas Natural gas cost 125.4 percent more than in February 2021. (Photo: dpa) Berlin German manufacturers continue to raise their prices at record speed. Producer…
War in Ukraine creates uncertainty in the steel industry
Steel worker at Thyssen-Krupp Employers in the metal and electrical industry have warned of a possible energy and raw material embargo on Russian oil and gas. (Photo: Reuters) Dusseldorf The…
Coalition is struggling to relieve consumers
Berlin The traffic light coalition is still looking for the right recipe to relieve citizens of the high fuel and heating costs. The proposal for a mobility allowance comes from…
A destructive subsidy race is looming when it comes to aid for energy consumers
natural gas production The author believes that if all EU countries gradually lower energy taxes or if energy subsidies are sufficient, the demand for energy will increase. (Photo: dpa) Many…
IG Metall boss Jörg Hofmann doesn’t believe in the oil and gas embargo
IG Metall boss Jörg Hofmann “It’s clear that we have to diversify our energy imports more, but that won’t happen overnight.” (Photo: imago/photothek) Berlin In the opinion of IG Metall…
Gas supply for winter not yet fully secured
Minister of Economics Habeck The Greens politician on the military part of Berlin Brandenburg Airport on the way to the Bundeswehr’s flight readiness aircraft to fly to Qatar. (Photo: dpa)…
High energy costs and rising prices – the Ukraine war is causing problems for the economy
Production at the automotive supplier ZF Almost half of the companies in the metal and electrical industry are expecting a noticeable drop in sales and profits as a result of…
Prime Minister Dietmar Woidke in an interview
Berlin Brandenburg’s Prime Minister Dietmar Woidke (SPD) has warned against stopping the import of oil and gas from Russia because of the war of aggression in Ukraine. “I hope that…
Why fuel prices stay high while oil prices fall
Dusseldorf For the first time since the highs of the past few days, prices at gas stations fell slightly on Wednesday. Nevertheless, gasoline and diesel still cost well over two…
Discounter Aldi raises prices
Aldi branch in Dusseldorf Hundreds of products are becoming more expensive in the discounter chain’s stores. (Photo: dpa) eat The prices in the German food trade are moving more and…
Industry expects sales to drop and warns of gas embargo
Dusseldorf The war in Ukraine led to a sudden change of mood in the German chemical industry. Just a few weeks ago, the industry was expecting further growth this year.…
Lagarde sees permanently changed inflation dynamics
ECB President Christine Lagarde The ECB will ensure that monetary policy is implemented smoothly. (Photo: dpa) Frankfurt For a long time, ECB President Christine Lagarde described the high inflation in…
Industry expects sales to drop and warns of gas embargo
BASF chemical plant in Ludwigshafen Large quantities of natural gas are required at the chemical company’s home site. (Photo: obs) Dusseldorf The war in Ukraine led to a sudden change…
Ukraine war: IfW halves growth forecast
Hamburg container terminal The consequences of the Ukraine war put the German economy under pressure. (Photo: dpa) Berlin Rising energy prices, comprehensive sanctions and disrupted supply chains are weighing on…
France helps with energy prices and outages
Gas station in Nice, southern France France’s government wants to help citizens and companies because of the high energy prices. (Photo: REUTERS) Paris France is responding to the consequences of…
Eon CEO warns of further increases in electricity prices
eat The head of the Essen-based energy group Eon hardly spoke of the good annual figures, increased profits and exceeded forecasts. In view of the “tragedy in Ukraine,” said CEO…
Energy prices: Cabinet decides on first tax cuts
Christian Lindner The Minister of Finance wants to relieve the citizens because of the high energy prices. (Photo: IMAGO/Chris Emil Janssen) Berlin The federal government has introduced the first tax…
Energy prices: Cabinet decides on first tax cuts
Christian Lindner The Minister of Finance wants to relieve the citizens because of the high energy prices. (Photo: IMAGO/Chris Emil Janssen) Berlin The federal government has introduced the first tax…