German government approves drop in gas, energy prices

German government approves drop in gas, energy prices

The German government has approved planned discounts of gas and electricity prices under an accelerated procedure, German Chancellor Olaf Scholz said, as part of efforts to address the increase in energy bills for families and businesses. German government spokesman said earlier that the German government is confident that these measures [...]

German government spokesman said earlier that the German government is confident that these measures will be adopted in both parliament chambers in early December, Reuters reported.

Scholz made this known during French Prime Minister Elizabeth Bourne's visit to Berlin, during which the two countries signed a joint declaration strengthening commitment to energy solidarity.

“We need to go further and limit gas prices and implement a structural reform of the electricity market so that we can enable consumers to pay prices that are in line with production costs permanently,” said Born. /Euronews. al

 

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