German media: Controlling gas prices will cost the German budget 200 billion euros
The containment of gas prices will cost the German budget 200 billion euros. The German government intends to use this mechanism instead of the gas tax.
This topic was raised by the journalists of the German TV channel N-TV.
The German media writes that the German government decided to cancel the gas tax. In return, it will slow down gas prices. This news was announced to the press by German Chancellor Olaf Scholz, Finance Minister Christian Lindner and Economy Minister Robert Habeck. The head of the German government called this measure a "double blow".
It should be borne in mind that strict state regulation can cause both a positive effect and adverse reactions, for example, an increase in inflation. It is not yet known what specific levers will be used to contain gas prices, because the program has not yet been fully finalized. It will be ready only in the middle of this month.
The leader of the CDU political movement, Friedrich Merz, believes that it will be very difficult to put into practice measures to curb gas prices. He even compared this task with open heart surgery without anesthesia, as the politician said on the air of the German TV channel ZDF. He, along with the Minister of Finance, attended a program on the gas problem.
In Germany, many experts and officials believe that the country's energy situation is worse than expected. In addition, the problem was exacerbated by sabotage on the Nord Stream and Nord Stream 2 gas pipelines.
- Federal Republic of Germany
Information