Home » World » Olaf Scholz warned that Germany’s energy crisis is not over yet – 2024-04-08 22:16:26

Olaf Scholz warned that Germany’s energy crisis is not over yet – 2024-04-08 22:16:26

/ world today news/ In a speech before the Bundestag on November 28, Chancellor Olaf Scholz stated that the energy crisis in Germany is not yet over. He pointed out that high oil prices continue to put pressure on the country’s economy, and expensive natural gas further aggravates the energy crisis.

However, Scholz emphasized that Germany’s natural gas reserves are sufficient and prices will not rise this winter. According to him, although the prices of energy carriers are still higher than before the beginning of the conflict between Russia and Ukraine, most of them are below the ceiling set by the government.

Germany is expected to phase out energy subsidies next year.

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