Energy prices: Scholz assures quick implementation of further relief

energy prices
Scholz assures quick implementation of further relief

Federal Chancellor Olaf Scholz assures a speedy implementation of the planned relief due to the high energy prices. photo

© Marcus Brandt/dpa

Energy prices are exploding. Consumers, but also companies, urgently need financial support. And it is already on the right track, emphasizes the Chancellor.

Federal Chancellor Olaf Scholz has pledged a speedy implementation of the planned additional relief due to the high energy prices. “The legislative machine has started and will organize the necessary support very, very quickly,” said the SPD politician in his weekly video message published on Saturday. It is about support for households, families and for those who earn little money – but also for companies that now have high energy bills and do not know how to continue their business.

Scholz confirmed with a view to the prices for electricity, heat and gas: “They are too high and they have to go down.” In the case of electricity, a change in the “market design” should ensure this. A commission has been set up on gas prices and there are talks with the European Union and with all those who export gas to Europe and Germany.

The Chancellor referred to the precautions that had already been taken to ensure the supply of coal, oil and gas and that the electricity supply would continue to function. Today one could say: “We’ll probably get through.”

Video message Scholz

dpa

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