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| Europe |
| Germans face over 50% energy price hike – media |
| 2022-11-21 |
| [NWOReport] A reduction in Russian gas exports and lower nuclear output in France are driving costs higher Many households in Germany will take another hit from rising energy bills in January, as power and gas suppliers face higher wholesale market prices and soaring grid fees, Reuters reported, citing the Verivox prices portal. "The price level for energy is historically high and reducing the purchasing power of households," a Verivox energy expert, Thorsten Storck, said in a statement. The portal has monitored 800 electricity and 700 gas providers and found that 137 regional power operators are set to increase prices by an average of about 61%, while 167 German gas suppliers are planning a price hike of roughly 54%. This could result in an overall increase in energy prices of more than 50% in Europe’s largest economy. |
| Posted by:Vespasian Ebboting9735 |
| #1 The de-industrialization of Germany #GreatReset |
| Posted by: mossomo 2022-11-21 12:29 |