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Chancellor & Econ, Fin Mins Speak As Russia Shuts Down Nord Stream

GERMANY

Chancellor Olaf Scholz, Economy Minister and Vice-Chancellor Robert Habeck, and Finance Minister Christian Lindner due to deliver joint presser on the second day of Cabinet meeting at Meseberg Castle.

  • Livestream (in German): https://www.bundesregierung.de/breg-de/mediathek/l...
  • Leaders of the three governing parties attempting to present a united front after recent disagreements over policy direction and methods for helping consumers deal with spiraling energy price costs.
  • Comes as head of the German gas network regulator says to Reuters TV that, "We cannot technically understand the new maintenance by Russia...If we get the 20% gas volumes [through the pipeline] from Saturday again, it will be bearable, it depends on what Russia will do". The latest three-day shutdown of the Nord Stream I pipeline comes despite a recent lengthy maintenance period and the repair of a crucial turbine in Canada.
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