Germany to spend €13 billion on subsidy to cut electric bills
By DW
09 October 2022 |
5:42 pm
Economy Minister Robert Habeck said the funds would help cover costs for businesses and consumers. But the billions will not keep energy grid transmission companies from raising prices.
In this article
Related
Related
3 days ago
A Russian and a Belarusian trampolinist have qualified for this summer's Paris Olympics at a competition in Germany, despite German authorities not giving them visas to enter the country. DW understands the Russian athletes taking part were instead issued visas by Spain, which granted them short-term access to Germany
2 days ago
Germany's population of brown hares (Lepus europaeus) multiplied rapidly last year, the German Hunting Association (DJV) said in a press release on Monday.
In 2023, an average of 19 brown hares, also known as European hares, were recorded per square kilometer, which is an all-time high since record-keeping began two decades ago, the DJV said. In 2022, they counted an average of 16 per square kilometer.
3 days ago
UN Secretary General Antonio Guterres has made a renewed call for an immediate ceasefire in Gaza. "It is time to silence the guns," he said, speaking from the Egyptian side of the Rafah crossing with the enclave. He also called on Israel to give "total, unfettered" access to humanitarian goods throughout Gaza.
3 days ago
Boeing's CEO will step down by the end of the year as part of a broader management shakeup at the company, which has been rocked by a series of safety mishaps in recent months.
2 days ago
Nigeria’s Monetary Policy Committee has commenced its second meeting of the year with analysts anticipating a tight monetary policy stance following February’s 400 basis points hike due to inflation risks. How’s the market bracing up for another rate hike?
Latest
1 hour ago
At least six people were killed after a ship struck a bridge in Baltimore. Supply chains from cars to coal have been disrupted. Countries around the world, including Germany, are now examining their own infrastructure.
1 hour ago
With the war between Israel and Hamas now in its sixth month, the needle is moving. But by how much? For the first time, the United States has lifted its veto on a UN resolution calling for an immediate ceasefire in Gaza. In past conflicts, whenever Washington has called time, Israel has bended.
6 hours ago
The leader of a breakaway Darfur faction says his fighters will stand with the Sudanese army as it battles the Rapid Support Forces, which is accused of atrocities in Darfur.
1 day ago
In pursuit of its mission to safeguard the lives and property of the people of Lagos, the Lagos State Police Command paraded 64 high crime suspects out of a total of 2,329 individuals arrested for various crimes at the officer's mess in Ikeja Lagos.
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Tuesday.
1 day ago
The race for accommodation in Paris could be an Olympic sport in itself. The number of rentals available is plummeting while prices are soaring, yet real estate agents are overwhelmed with demand. From short-term rentals to efficiency upgrades, prospective tenants are paying the price for the ongoing crisis. We take a closer look.
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.