Germany primes energy price cap as bills soar

Germany on Wednesday signed off on an energy price cap, the cornerstone of a massive 200-billion-euro ($198-billion) package to shield households and businesses from rising costs. “The source for these consequences and great challenges is (Russian President Vladimir) Putin’s war,” German Chancellor Olaf Scholz said at a press conference. The support package was Germany’s response “so that citizens do not have to fear their bills”, … Continue reading Germany primes energy price cap as bills soar