Germany Considers Allowing Bailouts For Energy Firms ...Middle East

Economy by : (OILPRICE) -

Germany is considering amending its energy security law to allow the government to take stakes in struggling energy firms or impose levies on consumers, Reuters reported on Monday, citing three sources. The government is discussing amendments that could be put for Parliament discussion as early as this week, according to Reuters’ sources. These amendments would allow the German government to bail out energy firms or to impose a levy on consumers and thus pass on soaring energy costs and ease the burden on energy firms, the sources say. Since…

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