- A plan by the German government to add to consumers’ tax burden in order to shield gas importers from excessive prices prompted backlash from within.
- The economy minister admitted it was “certainly not morally correct” to provide financial assistance to companies that not only did not suffer from higher gas prices but in fact benefited from them, Bloomberg reported today.
- The gas levy on consumers was part of efforts to deal with this situation as a failure of one of the large gas utilities in Germany could have a ripple effect on the whole economy.
Germany Rethinks Gas Levy Following Major Outcry
