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The Guardian - UK
The Guardian - UK
World
Kate Connolly in Berlin

Germany to extend energy subsidies to smaller firms amid closure fears

Robert Habeck speaking in the Bundestag
Robert Habeck speaking in the Bundestag on Thursday. Photograph: Michael Kappeler/AP

Germany plans to extend a scheme subsidising energy costs for big businesses that are heavily dependent on energy to all small and medium-sized businesses, as part of a package of measures designed to avoid a wave of insolvencies.

Robert Habeck, the economy minister, said he anticipated that the subsidies would be in place for a limited time, until efforts on the national and European level to bring down high electricity and gas prices took effect.

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