Politicians and business representatives are worried: Germany is in a slump. The bad word about Germany as the “sick man of Europe” is already doing the rounds again, as it was at the turn of the millennium. The International Monetary Fund predicts that the economy will shrink this year – as the only country surveyed. High energy costs are seen as one factor in the weakening economy. How they will develop is difficult to predict in the middle of the transition to renewable energies. In order to strengthen the industry, there are discussions in Germany about temporarily subsidizing the electricity prices for energy-intensive companies. What is the situation in other countries: Are energy prices a problem for the economic situation? Could the switch to renewables exacerbate the crisis? Are there subsidies?
The economy of other countries suffers less from energy prices – politics
