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Scholz-Subsidies Can Reduce Energy Prices To 'Bearable Level'

GERMANY

Chancellor Olaf Scholz currently delivering a speech to the Bundestag. States that, "Energy security for this winter is guaranteed...We won't be able to completely stop energy price increases with subsidies but we can reduce them to a bearable level."

  • Livestream (in German): https://www.bundestag.de/
  • Scholz: "In twelve months, this federal government has set in motion, implemented and cleaned up more than was possible in the governments of the past twelve years."
  • Scholz says that a, "EUR200bn fund is needed to prevent bankruptcies and job losses".

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