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  • Germany announces €65bn package to curb soaring energy costs

    09/04/2022 11:29:12 PM PDT · by Berlin_Freeper · 76 replies
    bbc.com ^ | September 5, 2022 | BBC
    ... The stand-off with Russia has forced countries like Germany to find supplies elsewhere, and its stores have increased from less than half full in June to 84% full today. German Chancellor Olaf Scholz told journalists Germany would get through the winter, adding that Russia was "no longer a reliable energy partner". He said the government would make one-off payments to pensioners, people on benefits and students. There would also be caps on energy bills. Some 9,000 energy-intensive businesses would receive tax breaks to the tune of €1.7bn. A windfall tax on energy company profits would also be used to...
  • Oktoberfest may be AXED due to Putin gas crisis, and Bavarian breweries told to stop making BEER as it's revealed Germans must pay £1,000-a-year 'gas surcharge' ON TOP of bills and Hanover turns off hot water

    07/29/2022 9:01:31 AM PDT · by C19fan · 31 replies
    UK Daily Mail ^ | July 29, 2022 | Chris Pleasance
    Germany could be forced to scrap Oktoberfest celebrations and its famous Christmas markets as officials desperately search for ways to save energy after Russia began throttling gas supplies to Europe. Hanover yesterday became the first major city on the continent to announce it will turn off all hot water in public buildings to conserve energy, while Berlin has begun dimming streetlights and Augsburg has turned off public water fountains.
  • No faith in Russia, Germany scrambles for energy

    07/26/2022 12:40:37 PM PDT · by dennisw · 54 replies
    MSM-BBC ^ | JULY 20TH
    Germany's leading energy expert says she's living in a nightmare. What's worse, she saw it coming. Germany had vowed to ditch coal but is now restarting mothballed, coal-fired power stations For 15 years Claudia Kemfert says she tried to warn politicians and the public that the country was too reliant on Russian energy. Until recently Germany bought more than half of its gas from Russia. She advised Berlin to find other sources and focus more on renewables. And she warned against the construction of the Nord Stream 1 pipeline through which Germany receives much of its gas. "That's what I...
  • Russia’s Natural-Gas Game Comes With Economic Risks

    07/23/2022 8:55:53 AM PDT · by SpeedyInTexas · 10 replies
    WSJ ^ | 23-JUL-2022 | Georgi Kantchev
    Russian President Vladimir Putin can afford to cut off natural-gas exports to Europe thanks to ample revenues from other commodities, but such a move would come with longer-term risks for Russia’s sanctions-stricken economy and its prolific energy industry. Earlier this week, Moscow resumed gas supplies via the Nord Stream pipeline after annual maintenance ended, easing worries in Europe that Mr. Putin would further crimp exports at a time when the continent is filling up its storage ahead of winter. The restarted pipeline, however, is pumping at just 40% capacity, after a separate, still-unresolved technical issue that Moscow blames on Western...
  • And The Winner Is, Germany!

    06/30/2022 6:23:18 AM PDT · by MtnClimber · 24 replies
    Manhattan Contrarian ^ | 29 Jun, 2022 | Francis Menton
    Just over six months ago, in December 2021, I asked the question that was on the tip of the tongue of everybody who follows the subject of the ongoing massive “green” transition to fossil-fuel-free energy. Actually, that’s a lie. The question I asked was not on the tip of the tongue of everybody who follows the subject, or even of most of the people who follow the subject, for reasons that to me are completely inexplicable. The question was : “Which Country Or U.S. State Will Be The First To Hit The Green Energy Wall?” The candidates that I nominated...
  • Closed Airspace Forces Cancellation of Russian Foreign Minister's Visit to Serbia

    06/05/2022 3:50:40 PM PDT · by marcusmaximus · 16 replies
    US News ^ | 6/5/2022 | Reuters
    Russian Foreign Minister Sergei Lavrov's visit to Serbia has been cancelled after countries around Serbia closed their airspace to his aircraft, a senior foreign ministry source told the Interfax news agency on Sunday. The source confirmed a Serbian media report that said Bulgaria, North Macedonia and Montenegro had closed their airspace to the plane that would have carried Moscow's top diplomat to Belgrade on Monday. "Our diplomacy has yet to master teleportation," the source said.
  • Over 400,000 Ukrainian Migrants to Be Put On Unemployment Benefits in Germany

    06/05/2022 8:36:53 AM PDT · by blam · 20 replies
    Breitbart ^ | 6-5-2022 | by Peter Caddle
    A German state agency has said that it will likely soon be providing over 400,000 more Ukrainian migrants with unemployment benefits over the next few weeks. A total of around 410,000 migrants ostensibly from Ukraine will soon be on the German dole, with hundreds of thousands more on top of that expected to end up receiving unemployment benefit in the central European state before the end of the year. This is the assessment of Germany’s Federal Employment Agency, which is already reportedly giving handouts to millions of migrants under the so-called “Hartz IV” scheme. According to a report by Die...
  • How Germany Is Racing to Sever Dependence on Russian Energy

    05/17/2022 4:58:48 PM PDT · by SpeedyInTexas · 52 replies
    WSJ ^ | 17-MAY-2022 | Bojan Pancevski
    Days after taking office as Germany’s vice chancellor and economy minister in December, Robert Habeck asked his most senior officials for a detailed assessment of his country’s dependence on Russian energy. The result shocked him. The country heavily relied on Russian hydrocarbons to power vehicles and factories and heat homes, and there was no contingency plan to secure other supplies, Mr. Habeck said. The government had no viable alternative to Russian imports.