Germany unveils €200bn plan to address energy crisis
14 October 2022 | 3:54 pm
The plan includes a cap on natural gas and electricity prices and will also scrap a proposed gas tax on consumers. Germany is coping with an energy crisis after Russia cut gas supplies to Berlin in response to Western sanctions over the war in Ukraine.
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Germany's industrial output has dropped significantly, with the country's economy ministry warning that, amid a pessimistic outlook, there are no signs of light at the end of the tunnel.
Germany is set to buy Israel's Arrow 3 missile defense system after Washington approved the sale, Israel has said. The reported deal comes as Western nations review their air defenses in light of Russia's war in Ukraine.
Antisemitism, racism, homophobia – attacks on memorial sites in Germany are becoming increasingly frequent. They are acts of aggression against democracy and hatred against minorities. What connects these acts?
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"A no is a no," said Friedrich Merz, chairman of the largest German opposition party CDU. He has pledged not to cooperate with the far-right AfD at any level.
The biggest increase is among men, but women are still very much in the majority in this sector. They have though seen their number of working hours go up.
A key German market research index has predicted a slight dip in consumer confidence for September. The figure has been hovering in unusually low territory for months now.
Europe's largest economy has flatlined recently, showing no signs of recovery from a winter recession. The International Monetary Fund has predicted Germany will be the only major advanced economy to shrink in 2023.
The visit is considered a major reset in the sometimes tense relations between Ukraine and Germany. After talks with Chancellor Olaf Scholz in Berlin, Zelenskyy travelled to the town of Aachen where he received a prestigious award on behalf of the Ukrainian people.
Germany charges 98-year-old Nazi guard for murder complicity.
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