German economy minister looking at possible changes to gas levy


Reuters | Berlin | Updated: 26-08-2022 17:07 IST | Created: 26-08-2022 17:03 IST
German economy minister looking at possible changes to gas levy
Robert Habeck Image Credit: Flickr
  • Country:
  • Germany

German Economy Minister Robert Habeck said on Friday that it was "more than unsatisfactory" that profitable companies could also access a gas levy on consumers meant to help troubled firms and was looking at possibilities to change it. However, abolishing the levy is not an alternative, he said, adding that any changes to the levy must not endanger the country's energy supply.

He also warned that the country is heading for a jump in energy prices come winter that will make the current increase look small.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback