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Dpa, agreement in Germany on the 150-200bn plan for expensive gas

2022-09-29T13:30:19.351Z

Government agreement to curb prices (ANSA)  The German government has agreed to introduce a brake on the price of gas. The executive of Olaf Scholz foresees a package of between 150 and 200 billion euros. The Dpa writes, citing government sources.   The price of European gas slipped to the session lows (-10% to 186.5 euros) after the announcement of the plan, while the damage to Nord Stream leaves little hope of a resumption of Russian fl



 The German government has agreed to introduce a

brake on the price of gas.

The executive of Olaf Scholz foresees a package of between 150 and 200 billion euros.

The Dpa writes, citing government sources.

  The price of European gas slipped to the session lows (-10% to 186.5 euros) after the announcement of the plan, while the damage to Nord Stream leaves little hope of a resumption of Russian flows in the winter.

Source: ansa

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