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The Latest Breaking News from Robert Habeck

Germany unveils €200bn help for consumers and says it won’t follow UK’s route

Finance minister announces €200bn fund to protect citizens from rising gas prices driven by Russia’s war in Ukraine

The Guardian - UK

Germany delays exit from nuclear power to offset energy shortfall

Two nuclear plants’ lives extended as country copes with loss of Russian gas and shortage of French electricity

The Guardian - UK

German minister sees nuclear extension as increasingly likely - Spiegel

Germany's economy minister expects to have to extend the lifespans of the country's last two nuclear power plants to avoid possible outages and grid bottlenecks in Europe's biggest economy this winter, Spiegel weekly reported on Tuesday.

Reuters

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German bakeries fight for survival as costs spiral

Beelitz (Germany) (AFP) - Faced with exploding energy and ingredient costs, German baker Tobias Exner has installed new energy-efficient ovens, shortened his opening hours and even considered baking at lower temperatures.

AFP

Germany to nationalise embattled gas giant Uniper as energy crisis looms

The German government has agreed to nationalise the embattled gas giant Uniper, which ran into financial problems after the curtailment of Russian supplies.

The Independent UK

Germany takes over Uniper, raising rescue bill to $29 billion

Germany on Wednesday agreed to nationalise Uniper, raising the bill to rescue the gas importer to 29 billion euros ($28.7 billion) amid an escalating energy crisis that shows just how much Europe's top economy has relied on Russian fuel.

Reuters

Russia-Ukraine war latest: what we know on day 210 of the invasion

Putin threatens use of nuclear weapons as he announces partial mobilisation in Russia; World leaders condemn intention by Moscow-held regions of Ukraine to vote on annexation by Russia

The Guardian - UK

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Russia's mobilisation is escalation of conflict - Germany's vice chancellor

The partial mobilisation of troops ordered by Russia is a further escalation of the conflict in Ukraine which the German government is considering its response to, Germany's vice chancellor said on Wednesday.

Reuters

Europe turns on China

Once skeptical of America's sharp rhetoric against China, the EU is now on board.

Axios

Recession fears shake Germany as energy costs hit business

Olaf Scholz travels to UAE to secure gas supplies amid concern that crisis is out of control

The Guardian - UK

Scholz to visit Saudi as Germany seeks energy supplies

Berlin (AFP) - Chancellor Olaf Scholz will visit Saudi Arabia and meet Saudi Crown Prince Mohammed bin Salman as part of a Gulf trip, his spokesman said Monday, as Germany rushes to secure energy supplies.

AFP

Germany working on nationalisation of three major gas companies in historic bid

GERMANY is reportedly in advanced talks to nationalise three large gas importers in a bid to prevent the collapse of its energy market.

The National (Scotland)

G7 nations to take tougher line on trade with China

Germany’s economy minister says the Group of Seven major economies have agreed to take a tougher, more coordinated stance toward China when it comes to trade

The Independent UK

German economy minister sees possible victory for democracy in Ukraine

German Economy Minister Robert Habeck said on Thursday he could see the possibility of victory for democracy in Ukraine and vowed to send more weapons as the country battles to extend its territorial gains against Russia.

Reuters

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Reuters

German economy minister: Ukraine says it needs 350 billion dollar for reconstruction

German Economy Minister Robert Habeck said on Thursday Ukraine needs 350 billion dollars for reconstruction, according to Kyiv's own estimates.

The Guardian - UK

Gas importer Uniper in nationalisation talks with German government

Terms under discussion include increasing state’s holding to 50% as pressure on supplies continues

Reuters

Exclusive-Germany drawing up new China trade policy, vows 'no more naivety'

Germany's economy minister said on Tuesday the government was working on a new trade policy with China to reduce dependence on Chinese raw materials, batteries and semiconductors, promising "no more naivety" in trade dealings with Beijing.

The Guardian - UK

Can Germany’s economy minister keep the lights on this winter?

Memories of postwar squalor revived by Vladimir Putin’s shutting down of Nord Stream 1 pipeline

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The Guardian - UK

Germany to extend energy subsidies to smaller firms amid closure fears

Economy minister says ‘demand shock’ must be addressed, as economists raise fears of recession

Al Jazeera

Operator doubts German plan to keep nuclear plants on standby

Germany plans to delay closure of two nuclear power plants amid disruption to Russian gas deliveries to Europe.

Reuters

German economy minister under fire as German companies sound alarm on energy prices

German Economy Minister Robert Habeck faced a backlash on Wednesday for saying he could imagine parts of the economy stopping production due to rising energy prices that German firms say are threatening their existence.

The Guardian - UK

German chancellor rejects calls to reverse nuclear power plant closures

Olaf Scholz says country has enough energy to get through winter after Russia cut gas supplies

AFP

Germany's nuclear stay fails to quell debate

Frankfurt (AFP) - Germany's decision to keep two atomic plants on standby through the winter amid a power crunch has exposed cracks in the government and unleashed criticism from economic and energy experts.

Reuters

Factbox-Hurdles for Germany's planned nuclear winter reserve

Germany wants to keep two southern nuclear plants, Isar 2 and Neckarwestheim 2 open in reserve mode beyond their scheduled closure at the end of 2022, to help avoid potential energy shortages in a winter when most Russian gas supply has dried up.

Tribune News Service

Germany keeps its nuclear plants alive as EU seeks crisis fixes

Germany moved to keep two nuclear plants available this winter in a policy reversal, as European leaders scrambled for emergency fixes to the deepening energy crisis.

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