German Chancellor Olaf Scholz gives a press conference where Germany’s social democratic SPD party named it’s members of the country’s future cabinet, on Saint Nicholas’ Day, December 6, 2021 at the headquarters of their social democratic SPD party in Berlin.
Germany and the European Union have developed proposals to cream off windfall profits from non-gas producers to ease the pressure on consumers and companies buckling under the weight of soaring bills.“You can be sure that this will happen at the speed necessary to get it under control this winter,” Scholz said.
The government has also unveiled a 65-billion-euro plan to ease the pressure of energy-price inflation, including cash for pensioners and students.
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