If Germany was forced to ration gas, households and emergency services, such as hospitals, would get priority. This would hit manufacturers that rely on gas for production particularly hard, pushing up prices and possibly leading to job losses. This early warning stage aims to help businesses plan for any future shortfalls: a crisis group of representatives from the government will meet daily. German Economy Minister Robert Habeck also hopes for support from the public and has called for people to save energy where possible. “Every kilowatt helps,” he said. So far there are no gas shortages and Germany had large reserves. But over the past year Russia has failed to keep German gas reserve tanks fully stocked – some believe this indicates a long-standing plan by the Kremlin to use gas as a weapon against Europe.
-
‘We don’t know if we can complete on our new home’
admin, , Business, 0
CTS last posted an update on its website, and on X, on Friday, saying the outage was caused by...
-
The whistleblowing bankers who were sent to jail
admin, , Business, 0
In all, 38 traders and brokers have been prosecuted, 24 of them in the UK and 14 in the...
-
TUI says summer holiday season can be saved
admin, , Business, 0
In the past year, TUI has been forced to borrow billions from the German government just to stay afloat....
-
Cineworld to shut six branches as part of restructure
admin, , Business, 0
Cineworld has announced plans to close six cinemas across the UK as part of a wide-ranging restructuring plan. Part...
-
Brexit impact on food prices ‘very modest’ – Tesco
admin, , Business, 0
Tesco: Brexit ‘could see people choose cheddar over brie’
-
Labour: Save Liberty Steel before it goes bust
admin, , Business, 0
“Labour is calling on ministers to intervene early before liquidation to save workers jobs, terms and conditions, and give...
-
‘The cost of living started my shoplifting’: Why stealing goods is on the rise
admin, , Business, 0
National Police Chiefs’ Council (NPCC) lead for business crime, Assistant Commissioner Paul Betts, said: “When responding to shop theft...
-
Virgin Orbit: Branson’s rocket dream ends after mission failure
admin, , Business, 0
Rival start-up Rocket Lab has bought most of Virgin Orbit’s headquarters in California as well as other assets. The...
Recent Posts
Archives
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2013
Recent Comments