Olaf Scholz, the chancellor of Germany, has unveiled a €200 billion strategy to stop the rise in gas and electricity prices, which includes eliminating the proposed consumer gas tax.
German news outlet Deutsche Welle stated today, Thursday, that due to Russia cutting off gas supplies to Berlin in retaliation to Western sanctions over the war in Ukraine, Germany is currently experiencing an energy crisis.
To avoid a winter crisis, Schulz had earlier claimed that the administration had made “timely decisions,” such as filling gas tanks and restarting coal-fired power plants. .
A 200 billion euro plan is unveiled by Germany to address the energy crisis.
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