Free Trial

Scholz-We're Seeking Careful Ways To Prevent Energy Price Spiral

GERMANY

Chancellor Olaf Scholz delivering presser (see 1025BST bullet).

  • Scholz: We discussed tightening energy networks in Europe with Spanish PM Pedro Sanchez [who is also in attendance at the meeting].
  • Scholz: Early steps taken on energy security mean we will get through the winter.
  • Scholz: Russia is not complying with contracts by cutting gas.
  • Scholz: We are seeking careful ways to prevent an energy price spiral. The government will present the next relief package 'soon'.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.